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INDUS TOWERS CONSOLIDATION
Ahead of Market: 10 things that will decide stock market action on MondayIndian equity benchmarks closed modestly higher on Friday, with financial stocks leading the gains. The Nifty and Sensex edged up, though p...- Selling at higher levels turns 23,800 into key barrier for Nifty: AnalystsBenchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest b...
- Stocks in news: RIL, Infosys, Adani Energy, Dabur India, Adani GreenMarkets experienced a corrective session on Thursday, extending previous weakness amid adverse global cues. Key companies like RIL, Infosys...
- F&O Talk: Midcaps, smallcaps stage sharp comeback, trade above key moving averages. What's the outlook?Domestic markets closed higher on Friday, led by consumer and metal stocks, with Nifty and Sensex posting gains. Analyst Sudeep Shah of SBI...
- Indus Towers shares surge 4% as promoter Bharti Airtel buys additional 5% stakeIndus Towers shares: Bharti Airtel has received board approval to raise its stake in Indus Towers by up to 5%, with the purchase to be carr...
- Indus Towers Q2 Results: Profit drops by 17% to Rs 1,839 croreTelecom infrastructure firm Indus Towers posted a 17 per cent decline in consolidated net profit to Rs 1,839 crore in the second quarter en...
- Bharti Airtel Q3 net profit zooms 6-fold on Indus Tower consolidation, rate hikesBharti Airtel’s consolidated net profit for the fiscal third quarter has more than doubled on-year, on account of one-time gain incurred by...
- Bharti Airtel Q3 results preview: PAT likely to double YoY as earnings get Indus Towers boostBharti Airtel's third quarter earnings are expected to experience significant growth due to the consolidation of Indus Towers. Analysts pre...
- Indus Towers shares in focus after Bharti Airtel gets CCI nod to raise stake in coShares of Indus Towers are expected to attract attention after the Competition Commission of India approved Bharti Airtel's plan to increas...
- Indus Towers Q2 up 38% on year; colocations riseConsolidated revenue for the fiscal first quarter stood at Rs. 6,877 crore, up 8 per cent on-year and consolidated earnings before interest...
- VIL's long-term business concerns remain an overhang for Indus Towers: Report"The management continues to reiterate that 5G and fibre opportunities would continue to drive growth in the future as dependency on strong...
- Indus Towers says demand environment strong, 5G to make infra space even relevant"New spectrum will be deployed and great network activity which takes place...which, in my opinion, is generally very good," Bimal Dayal, M...
- Indus Towers Q4 results: Net profit rises 38% Rs 1,364 crore“On the operational front we continued our strong momentum in 4Q’21 and delivered the highest ever annual gross tower additions,” said Bima...
- Bharti Infratel MD Rawat not keen on top job, post-merger with IndusRawat though would continue in his current role till the merger with Indus is completed.
- Bharti Infra to take annual hit of Rs 780 crore from Vodafone Idea exitFollowing completion of Vodafone-Idea merger, the companies have served exit notices to Bharti Infratel and its subsidiary Indus Towers fro...
- Tower companies look to new public infra projects for revenue growthThe tower industry is facing a decline in tenancy ratios due ongoing consolidation in the telecom industry.
- Indus-Bharti Infratel to gain from RoFR pacts with key customersIndus Towers will enjoy a RoFR for any fresh tenancy roll-out from both Bharti Airtel and the future Idea-Vodafone India combined entity,” ...
- Bharti Infratel ringing in merger with Indus to create world’s largest telcoIdea Providence PE set to exit merged co; announcement likely as early as today
- Indus Towers to invest Rs 350 crore on green driveIndus Towers will spend Rs 350 crore this financial year to convert its diesel-run sites to green energy.
- 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...
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