Warid buyout to lower Bharti`s liquidity, increase risk: S&P

Bharti Airtel`s proposed acquisition of 70 per cent stake in Warid Telecom International`s Bangladesh operations may marginally lower the Indian company`s liquidity and increase its business risk.

Airtel may sign MoU with Warid during Hasina`s visit

Bharti Airtel is likely to sign an agreement with Bangadeshi firm Warid Telecom for acquiring 70 percent stake during Prime Minister Sheikh Hasina`s visit to India next week.

Bharti gets nod to invest $300m in Warid Telecom; to buy 70%

Bangladesh`s telecoms authority has approved Bharti Airtel`s proposed $300 million investment in Abu Dhabi Group`s Warid Telecom, the fourth-largest mobile company in Bangladesh.