Posted inAT Financial

India’s Airtel arm attracts US PE investor

As India undergoes a rapid digital transformation, led by increasing broadband internet usage and data consumption, telecom companies are strengthening their data portfolio. In the latest development, US-based private equity firm Carlyle Group is set to pick up 25% stake in telecom major Bharti Airtel’s subsidiary Nxtra Data. The enterprise valuation of Delhi-based Nxtra for […]