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IDEA TOWER SALE
Builder delayed society formation for 9 years, Homebuyers took matters into their own hands; Bombay HC backs residentsThe Bombay High Court has ruled in favor of homebuyers, allowing them to form a single housing society for a multi-tower project. The court...- Pharma in her DNA, Wockhardt scion ready for deep dive in the USZahabiya Khorakiwala is leading Wockhardt's US business and the launch of its new antibiotic, Zaynich. This drug targets resistant bacteria...
- 144 years later, Gaudí's masterpiece Sagrada Família finally reaches its full height: Why has the world’s most famous church taken so long to build and how much did it cost?Barcelona's Sagrada Familia has reached a historic milestone. After 144 years, the final major tower, the Tower of Jesus Christ, is complet...
- Suzlon seeks to put the wind in all sails of its renewables shipSuzlon is set to significantly expand its renewable energy business. The company aims to quadruple annual sales to 10 GW and grow managed a...
- Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
- Telecom infrastructure, gear makers face disruptionsTelecom operations in India are facing significant challenges. The ongoing conflict in West Asia is disrupting tower connectivity and incre...
- Vodafone exits Indus Towers, sells shares worth Rs 2,800 cr; clears Rs 890 cr duesBritish telecom firm Vodafone has sold its entire stake in Indus Towers for Rs 2,800 crore, the telecom infrastructure firm said on Friday....
- Indus Towers shares gain 5%, Voda Idea drops 2% amid Rs 2,800 crore block dealIndus Tower Share Price: Vodafone has fully exited Indus Towers via a Rs 2,800 crore block deal, causing Indus Towers' shares to rise while...
- Vodafone Idea may issue equity shares to Nokia, Ericsson to settle duesTelecom company Vodafone Idea (Vi) has said that itrs board will meet on Thursday to consider issuing equity shares or convertible securiti...
- Idea completes sale of 9,900 towers to ATC for Rs 4,000 croreThe sale was done via the Kumar Mangalam Birla-owned telco divesting its entire stake in Idea Cellular Infrastructure Services, a 100% subs...
- Closure of Idea-ATC $615-million tower deal likely next weekLast month, the government had cleared Vodafone India’s sale of its 10,926 captive towers to ATC for Rs 3,850 crore.
- DoT clears Rs 4,000 crore Idea-ATC mobile tower sale dealATC Telecom Infrastructure had signed a pact with Vodafone India and Idea in November 2017 to buy their standalone towers for Rs 7,850 cror...
- Tower industry to see significant growth in 2020: ATC Asia President2018 will be a difficult year for the industry since there is shrinkage of tenancies. But, 2019 onwards there will be revival and in 2020 w...
- Government awaits Idea-Voda tower sale closure for green signal to mega merger: SourcesATC will pay a total of Rs 7,850 crore for purchasing Idea (Rs 4,000 crore ) and Vodafone's (Rs 3,850 crore) mobile towers.
- ATC to buy 20,000 Vodafone, Idea towers for over $1 billion EVSenior ATC executives, and their counterparts in Idea and Vodafone India, are camping in Mumbai, finalising the contours of the deal.
- Brookfield joins race for Vodafone, Idea stakes in Indus TowersIndus is a three-way JV between Vodafone, Bharti Infratel and Idea. Voda and Bharti own 42% each while Idea owns 11.15%. US' Providence own...
- Race picks up to acquire Vodafone and Idea's towersThe bids come as Vodafone India and Idea, respectively the country’s second and third-largest mobile carriers, are reckoned to have started...
- Tower sale plan of Vodafone, Idea gathers steam ahead of mergerVodafone, the nation’s No. 2 mobile carrier, asked Morgan Stanley to zero in on a buyer while third largest Idea hired Bank of America-Merr...
- Bharti Airtel sells 10% in tower subsidiary for Rs 6,194 croreBharti chairman Sunil Mittal said this “investment by a consortium of marquee longterm investors underlines the confidence of global invest...
- Idea Cellular rallies 5% on reports of stake sale in tower armAccording to sources quoted in the report, Idea Cellular is looking to sell 11,000 telecom towers for close to USD 1 billion.
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