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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...- Indus Towers Q3 Results: Company reports profit versus loss a year agoIndus has flagged continued recovery challenges from another key customer (read: Vodafone Idea), saying the latter’s funding plan had still...
- Indus Tower reports negative cash flows for 2nd straight quarter on high capex: AnalystsIndus Towers has recorded a decline in free cash flow (FCF) now for two straight quarters, a trend that analysts link to increased capital ...
- Indus Towers PAT up 49% in Q2, Vi challenges remainIndus Towers managing director Prachur Sah said the company clocked record tower additions for a quarter in the three months ended Septembe...
- Claims worth Rs 14,243.3 crore against Indus Towers under litigationIn Indus’s case, pending litigations include a Rs 3,565.7 crore claim by the Service Tax Department relating to disallowance of Cenvat cred...
- ATC now looks to sell majority, open to 100% sale and exit India, revives talks with BrookfieldTaps US infra fund Stonepeak too for $4 bn valuation, potential buyers differ on price. ATC India portfolio includes 76,826-strong tower as...
- Indus Towers Q4 Results: Net profit falls 23% YoY; Voda Idea dues weighIndus’ profit for the January-March quarter was Rs 1,399 crore compared to Rs 1,829 crore in the same period last year. Its revenue for the...
- Bad debt provisions for Indus Towers may rise on uncertain Voda Idea paymentAt its quarterly earnings call on Wednesday, Indus’ top management said the company’s board is closely monitoring the struggling telco’s pa...
- Indus shares fall nearly 5% on Voda Idea payment worriesThe brokerage said collection delays from Vi and Indus’s exposure as service provider (~35%+ revenues, in our view) remained the key area o...
- Indus Towers Q3 Results: Co suffers net loss of Rs 708 croreAs a result, India’s largest telecom tower company has followed a stringent policy for making a doubtful debt allowance in respect of its o...
- Indus board OKs upto Rs 1,500 cr fundraise via NCDs in 3 tranchesAt Indus’s second quarter earnings call in late-October, CFO Vikas Poddar had said the company is raising funds via issuance of NCDs as it’...
- Indus board clears upto Rs 1500 crore fundraise via NCD issueAt Indus’s second quarter earnings call last month, CFO Vikas Poddar had said that the company is raising funds via issuance of NCDs as it’...
- Indus Towers expects Vi to stick to payment plan cleared by its boardLast week, Vi's board had cleared the issue of rupee-denominated, optionally convertible, unsecured, unrated and unlisted debentures (OCDs)...
- Indus doubtful debt provision up 43% on quarter to Rs 1770.9 crore; agrees to softer payment terms with Vodafone IdeaIn its earnings statement for the July-September quarter, Indus also warned that the potential loss of that “significant customer” if it fa...
- Indus board to meet on Oct 27 to consider raising funds via NCD issuances“The board of directors of the company in its meeting scheduled to be held on Thursday, October 27, inter alia, will consider the proposal ...
- Vodafone Idea in talks with Indus Towers for softer payment termsThe tower company had shot off a warning to Vi in a strongly-worded letter written on Monday, people aware of the matter had told ET. This ...
- Indus Towers' increasing receivables a risk: AnalystsThe brokerage said that while Indus (at a recent earnings call) said it’s in talks with the tenant (read: Vi), it “could not provide any ti...
- Indus Towers gains 5%; strong Q3 show as telcos add more locationsThe company had registered a profit after tax of Rs 1,360 crore for the same period a year ago.
- TeamIndus ties up with Japan's Hakuto to carry rover to moonBengaluru, Dec 21 (IANS) Bengaluru-based TeamIndus on Wednesday announced a commercial agreement to carry a robotic rover developed by Haku...
- Indus Towers unveils Sustainability Report-Stage II, focuses on cleaner, greener networksThe report reinforces Indus’s commitment to protecting the environment, enhancing engagement with communities, while continuing to create v...
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