Airtel Acquires 42.45% more stake from Qualcomm’s 4G LTE Venture in India at 58% Discount
Airtel has acquired a further 42.25% stake from Qualcomm in the 4 License Areas of Delhi, Mumbai, Haryana and Kerala held by Qualcomm India through a subsidiary Wireless Business Services (WBSPL). In the first tranche of the transaction, in May 2012, Airtel acquired 49% stake at 60% discount to theContinue Reading