Hardeep Singh Bedi chairman and managing director of Tulip Telecom, in an exclusive interview with CNBC-TV18 shares details of the company’s plans on stake sale. He says the company is building world’s third largest data center in Bangalore and he says, “total investment of about Rs 900 crore.” Giving further details, he states that the company has already bought asset of a building at Rs 230 crore.
He adds, “We are looking at raising about USD 60 million and besides this we will be raising debt and the rest will come through internal accruals.”
Source: Money Control
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