Indian mobile giant Airtel raises $1 billion for data centers from Carlyle, major PE firms

Global private‑equity firms Alpha Wave, Carlyle and Anchorage Capital are backing the $1 billion fundraise for the Indian telecom operator Bharti Airtel's data center unit. Nxtra has around 300MW of data center capacity, which will be scaled to 1GW "in the next few years, targeting ~25% market share.