Bharti International (Singapore) has acquired an additional 6.3 percent equity stake in Robi Axiata, the second largest mobile operator in Bangladesh, from NTT Docomo, in a cash deal.
Bharti Airtel’s subsidiary did not reveal financial terms of the deal.
Bharti International’s stake in Robi Axiata has risen to 31.3 percent from 25 percent stake.
Robi is a subsidiary of Axiata Group in Malaysia. Axiata has 68.7 percent controlling stake in Robi Axiata.