Bharti Airtel on Tuesday said its subsidiary has acquired an additional 6.3 per cent stake in Bangladesh's telecom operator Robi Axiata from NTT Docomo for an undisclosed sum.
The all-cash deal will raise the stake of Bharti International (Singapore) -- wholly-owned subsidiary of Bharti Airtel -- in Robi Axiata to 31.3 per cent from 25 per cent at present, the company said in a BSE filing.
"...Bharti International (Singapore) Pte Ltd (directly and through its affiliate entities)... has acquired additional 6.3 per cent stake in Robi Axiata Limited (an entity in Bangladesh) from NTT Docomo Inc and its group entities,