Bharti acquires Warid stake to fully own Airtel Bangladesh

Bharti Airtel Holdings (Singapore) Pte. Limited (“Bharti”), a wholly owned subsidiary of Bharti Airtel Ltd and Warid Group (“Warid”) have reached an agreement, wherein, Bharti will acquire 30% equity stake of Warid in Airtel Bangladesh Limited. With this, Bharti will own 100% of Airtel Bangladesh Limited. Bharti had acquired 70 percent stake in Warid Telecom, Bangladesh in January 2010.

At the end of 2012 Airtel Bangladesh had 6.8 M subscribers with SMS traffic of 40 Lakh per day and bandwidth consumption of 1.1 TB data volume per day.

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One thought on “Bharti acquires Warid stake to fully own Airtel Bangladesh

  1. Pingback: Bangladesh, Kahneman, and Browsers | It's more fun than a TPS report...

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