Sunil Mittal-led Bharti Airtel has announced its completion of sale of 8,300 mobile towers in seven African countries for $1.7 billion (about Rs 11,000 crore).It will be used to reduce the company’s debt.
- Its debt stood at $10.68 billion at the end of June.
- Bharti Airtel has around 14,000 mobile towers in Africa and has now planning to exit the tower business.
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