Bharti Infratel is likely to push for at least 30% cut in its cash payout to Providence Equity Partners under the terms of its planned merg...

Bharti Infratel said Saturday it has received foreign direct investment (FDI) approval from the telecom department for its big-ticket merge...

Insiders said the companies have still not received the requisite foreign direct investment (FDI) approval for the deal from the Department...

The proposed merger of Bharti Infratel with Indus Towers aims to create one of the world’s largest telecom tower companies with more than 1...

The merger, in the making for about a year, will create one of the largest tower companies globally and is expected to conclude by June end...

Vodafone Idea has the option to sell its entire 11.15 per cent stake in Indus for cash.

Rawat though would continue in his current role till the merger with Indus is completed.

Indus Towers will enjoy a RoFR for any fresh tenancy roll-out from both Bharti Airtel and the future Idea-Vodafone India combined entity,” ...

Idea and Vodafone urgently need to bring their balance sheets under control. The proposed block sale may help the two telcos do just that.

The new entity, with a valuation of $14.6 billion, will be the world’s second-largest telecom tower company after China Tower, and will con...

Airtel said that it took the decision after having received the recommendation from its Committee of Directors.

Indus Towers is currently jointly owned by Bharti Infratel (42%), Vodafone (42%), Aditya Birla’s Idea group (11.15%) and Providence (4.85%).

The Big 3 telcos – Bharti Airtel, Vodafone India and Idea Cellular – account for 85 per cent of Bharti Infratel’s tenancies.

CLSA said a potential merger of Idea Cellular and Vodafone India is likely to impact Bharti Infratel both in the long term and short term.

The stocks tanked 8.7 per cent to hit a low of Rs 300.10 on BSE. This is in addition to 7.07 per cent fall in the preceding session.

Bharti Infratel said the Delhi High Court has sanctioned the merger of Bharti Infratel Ventures Ltd, its wholly owned subsidiary with Indus...

According to one of the two executives, Vodafone and Idea have asked Bharti Infratel to agree to the merger, and it is considering the requ...