Advertisement

HindustanTimes Thu,17 Apr 2014

Bharti to announce acquisition by Mar

Reuters, PTI  New Delhi, December 04, 2003
First Published: 12:08 IST(4/12/2003) | Last Updated: 15:56 IST(4/12/2003)

Mobile services provider, Bharti Tele-Ventures Ltd said on Thursday it could announce an acquisition by March and it would invest about Rs. 6 billion in states where it has applied for new licences.

Advertisement

"Lots of bankers have spoken to us and by March you will see some action on acquisitions," Bharti Tele-Ventures chairman Sunil Mittal told reporters.

He said Bharti would exceed its target of six million cellular customers by March 2004.

Advertisement
more from Business

RBI raises $3.3 billion in biggest-ever bond auction

The Reserve Bank of India on Thursday fully sold the 200 billion rupees ($3.31 billion) worth of bonds on offer at its biggest auction ever, sparking strong gains in debt markets.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved