UK's Vodafone Group and India's Aditya Birla Group are facing increasing pressure from the government and lenders to infuse equity into Vod...

In February, the mega towers merger deal had received foreign direct investment nod.

The principal shareholders, Bharti Group and Vodafone, have opted for a share-swap arrangement instead of the original plan, under which Bh...

Bharti Infratel is likely to push for at least 30% cut in its cash payout to Providence Equity Partners under the terms of its planned merg...

Vodafone Idea is looking at generating funds from various avenues, including a Rs 25,000 crore rights issue in the June quarter.

The proposed merger, which will create a mega tower company in India, will also require approval from the Telecom Department.

The merger, in the making for about a year, will create one of the largest tower companies globally and is expected to conclude by June end...

Vodafone Idea has the option to sell its entire 11.15 per cent stake in Indus for cash.

The country's second-largest telco on Thursday announced plans to sell a further 32% stake in its tower arm, Bharti Infratel, which is in t...

The deal gives Idea Group an option to sell its 11.5 per cent stake in Indus Towers for cash or in lieu of receiving new shares.

Bharti Airtel and Vodafone, according to the companies, will jointly control the combined company, in accordance with the terms of a new sh...

Idea and Vodafone urgently need to bring their balance sheets under control. The proposed block sale may help the two telcos do just that.

Airtel said that it took the decision after having received the recommendation from its Committee of Directors.

Bharti Infratel currently owns 42% in Indus Towers, which has a portfolio of 1,23,000 towers.

Both sides had held preliminary discussions in February , but with Vodafone focussing more on merging its mobile phone operations with Idea...

Bharti Infratel, has to list by December this year, failing which, co-owned Indus Towers will have the option to go ahead with it's IPO, so...

After transferring about 29,400 towers to the newly formed infrastructure giant - Indus Towers - Bharti is also looking at the possibility ...