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7/1, 5:54 AM (Source: TeleTrader)
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Carlyle acquires 25% of Bharti Airtel's data center

American multinational private equity, alternative asset management and financial services corporation Carlyle decided to acquire a 25% stake in Indian telecom firm Bharti Airtel Ltd’s data center arm for $235 million.

The company said it wants to hit the growth season of digital services in India.

According to the statement, this buying by an affiliate of Carlyle will give Airtel’s Nxtra Data Ltd an estimated worth of about $1.2 billion. Airtel will stay the remaining holder of 75% stake in Nxtra

Breaking the News / TF