Monday, 24 July 2017

Bharti Airtel gets $2.5bn credit line from Chinese banks

By Nick Wood, Total Telecom
Monday 18 May 15

Indian operator to plough funds into data networks; launches Chennai 4G trial.

Bharti Airtel has received US$2.5 billion worth of financing commitments from two Chinese banks that will help to fund the Indian operator's network deployments. The China Development Bank has agreed to provide up to $2 billion, the single largest bilateral commitment it has made to any telco. Meanwhile, the Industrial and Commercial Bank of China has agreed to provide $500 million…

Bharti Airtel has received US$2.5 billion worth of financing commitments from two Chinese banks that will help to fund the Indian operator's network deployments. The China Development Bank has agreed to provide up to $2 billion, the single largest bilateral commitment it has made to any telco. Meanwhile, the Industrial and Commercial Bank of China has agreed to provide $500 million…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry