Airtel to acquire Vodafone's 4.7% stake in Indus Towers for Rs 2,388 crore
Airtel will acquire a 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore.
Mar 25, 2022, 21:19 PM IST
Bharti Infratel to proceed with Indus Towers merger; VIL's cash consideration at Rs 4,000 crore
The company said its board, in a meeting held on August 31, 2020, took note of the status of scheme of arrangement between Indus Towers and Bharti Infratel and the related agreements.
Sep 01, 2020, 11:09 AM IST
Bharti Infratel-Indus Towers merger decision likely on June 11
Telecom Infrastructure company Bharti Infratel on Thursday said its board will meet on June 11 to take a final decision on the merger with Indus Towers.
Jun 04, 2020, 21:54 PM IST
Bharti Infratel-Indus Tower merger deal gets DoT clearance: Sources
The Bharti Infratel and Indus merger was approved ahead of the February 24 deadline, extended by Bharti Infratel in December pending the approval.
Feb 21, 2020, 23:56 PM IST
Bharti Airtel to cut stake in Bharti Infratel
Market analysts said this transfer of shares would eventually lead to sale of the stake to a third party and help Bharti Airtel raise money.
Mar 12, 2019, 14:42 PM IST
Bharti Infratel, Indus Tower to merge, own 1.63 lakh towers
Before merger, Indus Towers was jointly owned by Bharti Infratel (42 percent), Vodafone (42 percent), Idea Group (11.15 percent) and Providence Equity Partners (4.85 percent).
Apr 25, 2018, 16:04 PM IST
Bharti Airtel sells stake in tower biz for Rs 3,325 crore to trim debt
The secondary share sale was executed at Rs 400.6 per share, representing 3.6 percent discount to the previous day's closing price, Airtel said in a statement.
Nov 14, 2017, 18:06 PM IST
Airtel sells 6.7 crore Bharti Infratel shares for Rs 2,570 crore
Bharti Airtel via its wholly owned subsidiary Nettle Infrastructure Investments divested 67.53 million shares of its subsidiary Bharti Infratel through a secondary share sale in the stock market.
Aug 08, 2017, 13:16 PM IST
Airtel plans to sell 3.7% stake in Bharti Infra for Rs 2500 crore
Bharti Airtel's consolidated net debt at the end of June 2017 was Rs 87,840 crore.
Aug 07, 2017, 20:52 PM IST
'Mobile tower companies to pass on 18% tax to telcos under GST'
Phone bills may get coslier soon as mobile telecom companies are prepared to pass on their 18 percent tax burdenproposed under the Goods and Services Tax (GST) regime.
May 23, 2017, 00:05 AM IST
Jio woes:Airtel revenue to drop another 2-5% in FY18, says S&P
Bharti Airtel will see another 2 -5 percent fall in revenue this fiscal before returning to growth in the following year, as stiff market competition keeps pricing under pressure, S&P Global Ratings said on Friday.
May 12, 2017, 17:22 PM IST
Airtel offloads 10.3% in Bharti Infratel to KKR, CPPIB
Telecom operator Bharti Airtel has sold 10.3 percent stake in its mobile tower arm Bharti Infratel to a consortium of KKR and Canada Pension Plan Investment Board for Rs 6,193.9 crore.
Mar 28, 2017, 11:10 AM IST
Bharti Airtel to sell more than 5% stake in Bharti Infratel
Telecom operator Bharti Airtel will sell more than 5 percent stake in its tower arm Bharti Infratel through an open market block deal, as per media report.
Apr 20, 2016, 16:19 PM IST
Bharti Infratel Q2 net up 25%
It reported a total revenue of Rs.2,930 crore for the corresponding period last year.
Oct 23, 2015, 15:32 PM IST
Bharti Infratel Q2 net up 25%
It reported a total revenue of Rs.2,930 crore for the corresponding period last year.
Oct 23, 2015, 15:32 PM IST
Bharti Infratel shares up nearly 3% on MSCI index inclusion
Bharti Infratel informed BSE on May 14 that the company has been included in the list of stocks in MSCI Global Standard Index.
May 19, 2015, 18:54 PM IST
Bharti Infratel shares up 6% as Q4 profit rises
Shares of Bharti Airtel's tower unit Bharti Infratel Monday surged 6 percent after the company reported 18 percent jump in consolidated net profit for the quarter ended March 31.
Apr 27, 2015, 20:55 PM IST
Bharti Infratel Q4 profit rises 18% to Rs 558 cr
Bharti Airtel's tower unit Bharti Infratel on Monday reported 18 per cent jump in its consolidated net profit at Rs 558 crore for the quarter ended March 31.
Apr 27, 2015, 12:39 PM IST
Bharti Airtel partners Amazon for cloud services
Telecom major Bharti Airtel today announced partnership with Amazon Web Services to offer its cloud computing services to customers in India.
Mar 22, 2015, 18:43 PM IST
Bharti Airtel raises Rs 1,925 cr from stake sale in tower unit
Telecom operator Bharti Airtel has raised Rs 1,925 crore (about USD 310 million) by selling nearly 3 percent stake in its tower unit - Bharti Infratel.
Feb 26, 2015, 17:25 PM IST
