Wednesday, 15 August 2018

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…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

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