Bharti Eyes Qualcomm’s BWA Licence
DEAL VALUED AT AROUND $1.3 BILLION
Bharti Airtel is likely to buy the yet-to-be-launched Indian wireless broadband business of Qualcomm. The US-based chipmaker is set to be in advanced talks with the country’s largest telecom operator to sell its BWA licences in all four circles, sources told ET NOW. The valuation of the deal is likely to be around $1.2-1.3 billion, with a premium of 25-30%.
DEAL VALUED AT AROUND $1.3 BILLION
Bharti Airtel is likely to buy the yet-to-be-launched Indian wireless broadband business of Qualcomm. The US-based chipmaker is set to be in advanced talks with the country’s largest telecom operator to sell its BWA licences in all four circles, sources told ET NOW. The valuation of the deal is likely to be around $1.2-1.3 billion, with a premium of 25-30%.
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