While the two did not disclose financial details, a person familiar with the matter put it at about $150 million (Rs 990 crore).

As part of the deal, Airtel was to sell and lease back over 3,500 towers to Eaton in 6 countries across its African operations under a 10-y...

Bharti Airtel had reportedly signed deals to sell 12,500 of its towers in Africa to companies including American Tower Corp and IHS.

The company on July 9 last year signed a deal with Helios Towers Africa (HTA) to divest approximately 3,100 towers to the latter HTA.

Orange SA is scouting for assets in the Africa and is interested in Airtel’s operations, as it attempts to increase its business in the reg...

While the companies did not provide financial details of the deal, a person familiar with the matter said each tower is valued at Rs 1.5-2 ...

Airtel though will be the anchor tenant on the portfolio under a lease with a 10-year initial term, the two companies said in a joint state...

Get rid of your fear of heights and try your hands at CN Tower Edge Walk in Toronto.

Bharti Airtel will lease back the towers from Eaton under a 10-year pact, the companies said in a statement. But they did not disclose fina...

Airtel will lease back the towers from Eaton under a 10-year pact, both companies said on Monday, although they did not disclose the size o...

Bharti Airtel will lease back the towers from Eaton under a 10-year contract, the companies said in a statement. They did not disclose fina...

The telecom major is in advanced stage talks with American Tower Corporation (ATC) and Eaton Towers for selling its tower assets.

The proceeds from the deal is likely to be used for reduction of debt. The net debt of the company at the end of June 2014 stood at Rs 57,7...

It is believed that the size of the 3,100 tower deal is worth close to $400 million (Rs 2,400 crore) and the towers are based in Tanzania, ...

Markets are likely to open higher on the back of positive global cues. Here are the stocks that will be in focus today.

The company has been refinancing large parts of its debt pile by issuing overseas bonds, helping it to lower its net finance payouts.

Capital International Private Equity Funds, the dedicated emerging markets private equity business of Capital International has concluded r...