Alpha Wave to Buy Carlyle’s Stake in Nxtra Data: Moneycontrol

March 11, 2026, 8:55 AM UTC

Carlyle Group is in advanced talks to sell its 24% stake in Airtel’s data center business, Nxtra Data, to Alpha Wave Global, Moneycontrol reports, citing people familiar with the matter.

  • The deal is expected to close soon
  • Carlyle paid about $235 million for its stake in 2020
  • NOTE: Bharti Airtel’s Data Center Arm Nxtra Plans to Raise $1b: ET

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To contact the reporter on this story:
Upmanyu Trivedi in London at utrivedi2@bloomberg.net

To contact the editors responsible for this story:
Sachin Ravikumar at sravikumar6@bloomberg.net

Olivia Tam

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