Bharti Airtel witnessed a rise in share price on Friday after the company has entered into a definitive agreement with Tikona Digital Networks (Tikona) to acquire Tikona's 4G Business including the Broadband Wireless Access (BWA) spectrum and 350 sites, in five telecom circles. The acquisition is subject to requisite regulatory approvals.

Shares of Bharti Airtel are trading at Rs 342.70, up Rs 4.3, or 1.27% at the Bombay Stock Exchange (BSE) on Friday at 9:59 a.m.

The scrip has touched an intra-day high of Rs 348.00 and low of Rs 341.15. The total volume of shares traded at the BSE is 105,609.

Total volume of shares traded on the bourses today was lower by 76.33% to 1,667,127 compared with 22-day average volume of 7,042,237.