Bharti Airtel Acquires 1% Equity Stake In Indus Towers
Meanwhile, Vodafone Group has reportedly sold as many as 53.3 crore shares in Indus Towers for Rs 17,065 crore.
Jun 19, 2024, 17:08 PM ISTAirtel 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 ISTVodafone looks to sell stake worth $2.5 billion in Indus Towers
The development comes after a challenging period for Vodafone in India, where its local arm, Vodafone Idea, has faced intense competition and lost millions of wireless subscribers to rivals.
Feb 23, 2022, 18:03 PM ISTBharti 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 ISTBharti 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 ISTBharti 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 ISTVodafone Idea to merge Aditya Birla Telecom
The scheme is subject to approval of the National Company Law Tribunal, Ahmedabad.
Sep 18, 2018, 10:47 AM ISTBharti 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 ISTCCI approves Indus Towers' share transfer to Vodafone shareholders
The proposed combination is an intra-group transfer of 42 percent shares of Indus Towers from the telecom operator to the Vodafone India shareholders, in proportion to their shareholding in the firm, as per the notice.
Dec 05, 2017, 18:18 PM ISTVodafone to explore ways to sell stake in Indus Towers
If the plan fructifies, it is expected to create more value for the group.
Nov 15, 2017, 11:18 AM ISTReliance Jio signs tower sharing deal with Indus Towers
Reliance Jio Infocomm (RJIL), which is preparing to launch 4G services, Monday signed a master services agreement for tower sharing with Indus Towers.
Sep 22, 2014, 17:06 PM IST