Bharti Airtel Keen on Bangladesh, South Asian Markets

Bharti Airtel Ltd acing intensifying competition and a price war at home is looking to other markets in South Asia to enliven its bottomline.

First on the list is Bangladesh: A media report Wednesday said Bharti Airtel is looking to buy a 70% stake in Abu Dhabi-based Warid Telecom’s Bangladesh unit.

India’s biggest mobile-phone operator by subscribers declined to comment on any Warid deal, but a senior executive at Bharti Airtel’s parent confirmed a move to expand into the region.