August 16, 2018
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Bharti Airtel Raises Stake In Qualcomm's India Venture
BW Online Bureau
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Bharti Airtel, India's largest telecommunications carrier, has raised its stake to 51 per cent in a wireless broadband venture founded by Qualcomm Inc, the Indian company said on Thursday.
Bharti Airtel, which last year agreed to buy a 49 per cent stake in Qualcomm's India 4G broadband venture, did not say how much it paid for the additional 2 per cent stake.
Bharti To Buy 49% In Qualcomm 4G Venture
Bharti Airtel said the four separate entities that are part of the broadband venture have become its subsidiaries after the stake increase.
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