SC grants telecom firms right to claim tax credits on infrastructure dutiesThe Supreme Court ruled in favor of telecom companies, granting them the right to claim tax credits on duties paid for infrastructure compo...
20 Nov, 2024, 10.59 AM IST
Indus Towers announces Rs 2,700 crore share buyback. Check record dateIndus Towers has set August 9 as the record date for its buyback, which represents 9.9971% and 9.9668% of its fully paid-up equity share ca...
31 Jul, 2024, 02.37 PM IST
Indus Towers rules out dividend payment over Vodafone Idea dues issueAt its fiscal first quarter earnings call on Friday, Indus' top management also said the tower company is constantly pushing its key custom...
29 Jul, 2023, 09.53 AM IST
Indus Towers shares plunge after Q1 net profit slumpsJointly owned by Bharti Airtel and UK’s Vodafone Group, the telecom tower company reported a net profit of Rs 477 crore compared with Rs 1,...
03 Aug, 2022, 11.55 AM IST
Indus Q1 net profit slumps; pending dues from one telco hurtsThis, while the company's energy costs jumped 5.3% and operating expenses increased by 18.2%. "Our financial performance was an outcome of ...
03 Aug, 2022, 06.39 AM IST
Steep rise in diesel prices to up network opex for telcos by 7-8%: Analysts“Diesel costs contribute roughly 8% to telecom companies’ operating expenses for running towers, generators etc….so, these can go up propor...
19 Feb, 2021, 04.40 PM IST
Bharti Infratel Q4 net profit gains 7% YoY: Key takeawaysThe board of the company increased the deadline of its merger with Indus Towers to June 24.
23 Apr, 2020, 07.26 PM IST
Infratel Q3 results: Profit rises 23% to Rs 799 crore; AGR issue weighs on growthQuarterly consolidated revenue rose 1% on-year to Rs 3,673 crore.
30 Jan, 2020, 09.06 PM IST
Tower companies weigh reworking deals with AGR-hit companiesThe tower companies could consider payment holidays for Vodafone Idea and Bharti Airtel for the first three-to-six months on new sites or d...
22 Nov, 2019, 09.16 AM IST
'Bharti Infratel-IndusTowers merger can't be completed by October 24 deadline'The Board noted that all the requisite Govt approvals have not been received till date and conditions precedent and processes not completed.
21 Oct, 2019, 10.50 PM IST
Bharti Infratel Q2 profit up 61% YoY at Rs 964 croreThe company's mobile tower base increased by 1,298 year-on-year to 93,421 at the end of September 30, 2019.
21 Oct, 2019, 08.15 PM IST
Bharti Infratel Q4 profit flat YoY; telecom consolidation dragsConsolidated revenue fell 2% on year and 1% sequentially, to Rs3,600 crore.
24 Apr, 2019, 07.47 PM IST
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...
05 Sep, 2018, 10.36 PM IST
Kumar Mangalam Birla plans to reorganise his telecom infrastructure and towers businessIdea Cellular owns 100 per cent of its 11,000 captive towers via a wholly owned arm Idea Cellular Infrastructure Services Limited (ICISL).
05 Oct, 2016, 07.09 AM IST
- Bharti Infratel IPO scrapes through with institutional help
Sale at lower end values the company at $7.3 billion, a 24% discount when weighed against $250 mn Kohlberg Kravis Roberts & Co paid for 2.5...
15 Dec, 2012, 06.45 AM IST
32% increase in diesel price make tower companies go greenA 32% increase in the price of diesel in the past two years and large-scale theft of the fuel have made tower cos go green.
21 Mar, 2012, 06.05 AM IST
- ATC to buy Essar telecom tower arm for $400 mn
The two sides have initiated the legal documentation process for the transfer of ownership and the deal may be announced in the first week ...
10 Dec, 2009, 01.09 AM IST