Bharti Airtel Sells 8,300 Mobile Towers in Africa for Rs 11,000 Cr

New Delhi: Telecom major Bharti Airtel on Tuesday said it has completed the sale of about 8,300 mobile towers in Africa for $1.7 billion (about Rs 11,000 crore), which will be used for reducing debt.

"As on date we have completed the sale transactions in seven countries for approximately 8,300 towers representing close to 60 per cent of the total tower base," Airtel said in a statement.