Kolkata: The Chandigarh bench of the National Company Law Tribunal has approved the merger of Indus Towers with Bharti Infratel, which will create one of the largest telecom tower companies globally.
New Delhi, Feb 21 () The Department of Telecom (DoT) on Friday approved the merger of the country's largest mobile tower company Indus Towers with Bharti Infratel, according to official sources.
Vodafone Group Plc on Monday said that its lenders have given their consent for the merger of Indus Towers and Bharti Infratel. On September 1, Vodafone Group had announced that it had agreed to ...
The case stems from the 2020 merger between Indus Towers and Bharti Infratel, which consolidated their telecom tower infrastructure, making Indus Towers one of India’s largest telecom tower ...
The merger of tower company Bharti Infratel with Indus Towers will offer limited synergies in operating expenditure due to limited overlap in operations, brokerage analysts say. Get updates on ...
BIL has more than 33,000 towers in operation. Bharti Airtel also holds 42 percent stake in joint venture tower company Indus Towers, which has over 1.10 lakh towers. Other players in the tower ...
This would be the company’s first share buyback since June 2016, when it operated under the name Bharti Infratel. 12 Jul 2024 Indus Towers announced on Wednesday that over 60% of its total tower ...