Indus Towers to pay dividends after Vi clears dues, boosts cash flowsIndus Towers received a substantial payment from Vodafone Idea. This boosted their free cash flow significantly. Now, Indus aims to aggress...
02 May, 2025, 11.24 AM IST
Indus Towers Q4 net falls 4% on accounting impact, finance costIndus said one of its large customers (Vodafone Idea), which accounts for a substantial part of revenue and receivables, has cleared all un...
01 May, 2025, 06.42 AM IST
Indus puts towers buy from Bharti Hexacom on holdIndus Towers has paused its acquisition of 3,400 telecom towers from Bharti Hexacom, a Bharti Airtel subsidiary. This decision follows an i...
10 Apr, 2025, 12.39 PM IST
Citi projects 46% upside for Indus Towers, cites positive growth outlookCiti's positive outlook is based on several key factors. The brokerage expects Indus Towers to experience strong growth over the next 1-2 y...
17 Feb, 2025, 09.08 AM IST
Indus to buy towers from Airtel and HexacomIndus Towers is set to acquire 16,100 telecom towers from Bharti Airtel and Bharti Hexacom for Rs 3,308.7 crore by March 31. Bharti Airtel ...
06 Feb, 2025, 09.37 PM IST
Indus to acquire 26% in Amplus Tungabhadra in Rs 27 cr all-cash dealIndus Towers is set to acquire a 26% stake in Amplus Tungabhadra Pvt Ltd for Rs 27 crore to own and operate a 50 MW solar PV captive power ...
04 Feb, 2025, 07.56 AM IST
Indus Towers to acquire 26% in JSW Green Energy EightIndus Towers is set to acquire a 26% stake in JSW Green Energy Eight for Rs 38.03 crore. This investment will enable Indus to procure 130 M...
13 Dec, 2024, 05.23 PM IST
Indus Towers shares in focus on entering into PPA with JSW Green Energy, 38 cr investmentIndus Towers has signed a Power Purchase Agreement with JSW Green Energy Eight for renewable energy procurement, investing Rs 38.03 crore f...
13 Dec, 2024, 09.20 AM IST
Bharti Airtel gets CCI nod to increase stake in Indus Tower to over 50 pcThe Competition Commission of India approved Bharti Airtel's move to increase its stake in Indus Towers to 50.005% after a share buyback. B...
22 Oct, 2024, 09.12 PM IST
Bharti Airtel buys extra 1% in Indus, boosts stake in towerco to Rs 48.95%Bharti Airtel acquires 1% stake in Indus Towers, increasing ownership to 48.95%. Airtel aims to strengthen Indus amidst Vodafone Idea's fin...
19 Jun, 2024, 11.18 AM IST
ATC India buyout to lend more ammo to Canada's Brookfield to fight Indus TowersThe recent $2.5-billion buyout of American Tower Corp’s India unit by Canada’s Brookfield will give them more firepower to compete with Ind...
23 Jan, 2024, 11.54 PM IST
Bharti Infratel to explore buying stake in Indus TowersBharti Infratel currently owns 42% in Indus Towers, which has a portfolio of 1,23,000 towers.
31 Oct, 2017, 12.53 AM IST
Bharti Infratel eyes Vodafone, Idea’s Indus stakes to ring in mega consolidationBoth sides had held preliminary discussions in February , but with Vodafone focussing more on merging its mobile phone operations with Idea...
31 Mar, 2017, 09.35 AM IST
Indus Towers open to acquisitions in India for expansionThe company feels the sector could do with more consolidation after having seen the first such event with American Tower Corporation acquir...
06 May, 2016, 02.17 AM IST
Bharti Infratel looking at acquisition opportunitiesThe IPO comprises 18.89 crore equity shares and would open for retail investors in a price band of Rs 210 to Rs 240 per share. The issue wi...
07 Dec, 2012, 07.25 PM IST
- Indus Towers to cross $2b revenue mark this fiscal
Indus Towers is a JV of Bhari Group, Idea Group & Vodafone Essar. Bharti Vodafone hold 42% stake each in the company, while Idea holds the ...
01 Feb, 2011, 06.38 AM IST
- Indus Towers maps out expansion plans
The emergence of two large telecom tower companies over the past year has spurred Indus Towers to mull expansion plans.
20 Aug, 2010, 06.29 AM IST