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Carlyle to acquire about 25% stake in Airtel’s Nxtra Data


The Carlyle Group will acquire about 25% stake in Airtel’s data centre business, Nxtra Data, for USD 235 million (about ₹1,780 crore), the company said in a statement on Wednesday.

This will peg the enterprise valuation of Nxtra at USD 1.2 billion which is over ₹9,084 crore.

Also read: Adani, U.S. group to set up data centres in India

On completion of the deal, Carlyle will hold about 25%in the business with Airtel continuing to hold the remaining stake of about 75 per cent.

“Bharti Airtel and Comfort Investments II, an affiliated entity of ...


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