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Bharti Infratel Set for US$825m IPO

kiasutrader
Publish date: Mon, 03 Dec 2012, 09:51 AM
Bharti Infratel Ltd, the telecommunications tower unit of top Indian phone carrier Bharti Airtel Ltd, an associated company of Singapore Telecommunications, is set to raise up to US$825mil next month. The company set a price band of 210'240 rupees per share for its IPO, which will open on Dec 10 for cornerstone investors and a day later for the public, closing on Dec 14.

Source: The Business Times
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