Bharti airtel has said that it has earmarked $3.1 billion in capital expenditure for its various operations in this fiscal year that started on April 1.
Of this, the company has set aside $1.5 billion as capital expenditure for its India and South Asian businesses, excluding mobile towers.
The company anticipates $1 billion to $1.2 billion as capital expenditure in Africa, while tower business investments are seen at $400 million in this fiscal year.
Additionally, it is believed that the operator has started discussions to acquire a 3G mobile license in Madagascar and is on the threshold of spinning off its African operations? tower business.
