Bharti Airtel Holdings (Singapore) Pte Ltd, a wholly owned subsidiary of Bharti Airtel Ltd, will pick up the remaining 30 per cent stake in Warid Group’s telecom operations in Bangladesh.
With this, Bharti will own 100 per cent of Airtel Bangladesh Ltd. Bharti had acquired 70 per cent stake in Warid Telecom, Bangladesh in January 2010. The company did not disclose the deal size.
This is second acquisition by the Indian operator in last one month. Earlier, it had acquired Warid’s operations in Uganda.