Bharti Airtel Limited (BSE:532454) agreed to acquire remaining 5% stake in Indo Teleports Limited for approximately INR 23 million on January 18, 2018. For the year ended March 31, 2017, Indo Teleports Limited reported revenue of INR 319 million. The transaction is subject to requisites statutory and regulatory approvals. The transaction has been approved by the Board of Bharti Airtel Limited.