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.