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Carlyle to acquire 25% stake in Airtel’s data centre business for Rs 1,774 crore


Reuters

United States-based Carlyle Group will invest $235 million (Rs 1,774.25 crore approximately) to acquire a 25% stake in Bharti Airtel’s data centre business Nxtra Data, the Indian telecom operator announced in a BSE listing on Wednesday.

“Bharti Airtel and Comfort Investments II, an affiliated entity of CAP V Mauritius Limited, an investment fund managed and advised by affiliated entities of the Carlyle Group, today announced an agreement under which Comfort Investments II will invest USD 235 million in Nxtra Data Limited, a wholly owned subsidiary of Airtel engaged in the data centre business,” Bharti Airtel said ...


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