Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Bharti Airtel Raises Stake In Qualcomm's India Venture

Photo Credit :

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.

Read: 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.

(Reuters)