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No intention of a takeover; not asked for board seats: Sunil Bharti Mittal

Business Standard LogoBusiness Standard7h ago

No intention of a takeover; not asked for board seats: Sunil Bharti Mittal - Business Standard

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Mittal said while Airtel has its hands full with its India plans, higher cash flows and reduced capital expenditure two to three years later may open it up to global opportunities.

Telecom major Bharti Enterprises’ aim to move into more developed ‘hard currency’ markets prompted its strategic stake buy in the UK’s BT group and it does not aim to seek a board position at the moment despite being the largest investor in the British telco, chairperson Sunil Bharti Mittal said on Monday during a virtual media briefing.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 00:24:19 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 134 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22040727

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 303 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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