Bharti Airtel’s Nxtra gets $1 billion from Carlyle, Alpha Wave

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Bharti Airtel is injecting one billion dollars into its data centre business, Nxtra Data Limited. Alpha Wave Global, Carlyle Group, and Anchorage Capital are contributing significant funds. Airtel will retain control of Nxtra. This strategic move aims to bolster Nxtra's capabilities. The deal awaits Indian regulatory approval.