Searched for
VODAFONE TOWER SALE
Vodafone to sell its 3% stake in Indus Towers for over $300 millionVodafone Group is selling its remaining 3% stake in Indus Towers for over $300 million. The proceeds will be used to repay debt and inject ...04 Dec, 2024, 11.46 PM IST- Indus Towers releases pledge to enable UK’s Vodafone to sell 18% stake in tower companyWhile Indus Towers has released a pledge on a significant portion of Vodafone's stake, enabling an 18% sale, it retains a secondary pledge ...19 Jun, 2024, 09.52 PM IST
- UK’s Vodafone Group sells 18% in Indus for Rs 15,300 croreThe stake sale proceeds will be used to clear bulk of the UK company’s existing lender dues relating to $1.8 billion of borrowings secured ...19 Jun, 2024, 02.49 PM IST
- Vodafone Idea's Indus stake sale could speed up repayments to towerco, which may issue dividend: JP MorganVodafone Group's potential stake sale in Indus Towers may generate $2.3 billion in cashflows, prompting accelerated repayment to vendors an...18 Jun, 2024, 01.39 PM IST
- Vodafone looks to sell entire $2.3 bn stake in Indus TowersVodafone Group plans to divest its entire $2.3 billion stake in Indus Towers through stock market block deals next week to reduce debt. The...14 Jun, 2024, 04.05 PM IST
- Vodafone UK in talks to sell residual 21% in Indus TowersVodafone's residual stake of 567.2 million shares in Indus Towers is valued at about ₹11,571 crore, based on the tower company's ₹55,000 cr...09 Mar, 2022, 08.21 AM IST
- Vodafone Idea falls 5% on delay in Infratel-Indus Tower mergerShares of Vodafone Idea fell nearly 12 per cent on Monday after Bharti Infratel extended the deadline for its merger with Indus Towers by t...25 Feb, 2020, 03.51 PM IST
- 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...01 Jun, 2018, 08.21 AM IST
- 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.26 May, 2018, 08.02 AM IST
- 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...04 Apr, 2018, 09.26 AM IST
- 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.25 Feb, 2018, 02.39 PM IST
- Vodafone pegs $5-billion valuation for 42% stake in Indus TowersThe country’s 2nd-largest operator is seeing a “quicker-than-expected progress” on its equal merger with Idea Cellular, which it expects to...21 Nov, 2017, 11.21 AM IST
- 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.25 Oct, 2017, 12.27 AM IST
- 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...13 Sep, 2017, 04.52 PM IST
- 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...12 Aug, 2017, 01.30 AM IST
- 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...01 Jul, 2017, 02.07 AM IST
- Vodafone puts off tower sale on Essar spatThe ongoing spat between JV partners Vodafone and Essar has resulted in the mobile operator deferring plans to sell its 7,000 towers across...02 Feb, 2011, 05.16 AM IST
Load More
