Country’s largest telecom firm, Bharti Airtel had made it clear that it is not looking at raising fresh funds through foreign investors.

Speaking on the sidelines of an industry event, Sunil Bharti Mittal, Chairman, Bharti Airtel said, “We don't have any plans to raise money, although the headroom is there.”

It can be recalled that government recently had released new guidelines that said foreign investment made via an entity owned or controlled by a resident Indian would be considered as local investment.

This would mean Singapore-based SingTel's indirect 15% stake in Bharti Airtel would not be calculated as FDI because this was held through its 33% holding in parent Bharti Telecom.

Bharti Enterprises owns 67% of Bharti Telecom, which holds 45.3% of Bharti Airtel.

Apart from this, Vodafone is also a shareholder of Airtel with 4% of the shares.