Friday 29 November 2019

Shares Of Bharti Airtel Climbed Almost 3 Percent On BSE On November 29

Shares of Bharti Airtel climbed almost 3 percent on BSE on November 29 after reports emerged that the company has submitted bids for the assets of Reliance Communications.

A PTI report said Bharti Airtel has submitted conditional bids of around Rs 9,500 crore for debt-ridden Reliance Communications' telecom assets, including spectrum, mobile towers and optical fibre.

Along with Bharti Airtel, VFSI Holdings Pte Ltd and UV Asset Reconstruction Company Limited have submitted their bids.

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