3G data post paid plans revised upwards

Bharti Airtel To Raise Funds Via Overseas Debt

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No. 1 carrier Bharti Airtel Wednesday said it is planning to raise funds by issuing 10-year, dollar-denominated bonds.

The bonds are expected to be listed on the Singapore Stock Exchange, the company said in a notice to the Bombay Stock Exchange.

The mobile phone operator expects to use the funds for capital expenditure, the notice said.

Bharti Airtel took part in the recent bruising spectrum auctions, and also needs funds to expand its 3G and 4G network. Original post at ET Telecom

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Wahengbam Rorrkychand

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