Alpha Wave said to be circling Carlyle's 24% stake in India's Nxtra: Report

Alpha Wave said to be circling Carlyle's 24% stake in India's Nxtra: Report

Visual of a data centre. Credit: Flickr/Sean Ellis

Alpha Wave, formerly Falcon Edge Capital, is looking to acquire Carlyle’s 24.04% stake in Nxtra Data, the data centre business of telecom company Bharti Airtel, for Rs 5,125 crore ($600 million), The Economic Times reported on Friday.

Edited by: Joymitra Rai

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