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MOBILE TOWER STAKE
Bharti Airtel claims No.2 spot: How it beat HDFC Bank to become India's second most valuable companyBharti Airtel has overtaken HDFC Bank to become India’s second most valuable listed company. Airtel shares rose over 2%, taking its market ...- Brookfield’s Altius is said to plan $630 million India IPOBrookfield Asset Management is gearing up for a significant Initial Public Offering for Altius Telecom Infrastructure Trust. The company pl...
- Bharti Airtel acquires 23 per cent stake in Indus Towers held by subsidiary Nettle InfrastructureThe telecom operator earlier directly held 24.94 per cent stake and 23.01 per cent through its subsidiary Nettle Infrastructure.
- Airtel completes acquisition of 4.7% stake in Indus Towers from Vodafone GroupLast week, Bharti Airtel had said it will acquire 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore.
- ATC buys out Tata’s 13% in Indian tower ventureThe Rs 2,500 crore deal marks the exit of Tata Group from the consumer mobility and related businesses.
- Tata Tele in talks to sell tower biz for Rs 2,500 croreThe process for sale has started for valuation of around Rs 2,500 crore at Rs 212 per share.
- Vodafone Idea in talks to sell mobile tower stake, optical fibre assets for Rs 20k croreThe company is also planning to raise Rs 25,000 crore through a rights issue to fund its capital expenditure and pare debt.
- 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...
- Brookfield, American Tower Corp & infrastructure fund of IDFC bid for 11,000 towers of Vodafone India“The bids were submitted recently and the company will enter into an exclusivity agreement with one of the bidders,” said one of the two pe...
- Tata Teleservices in talks with ATC to exit Viom Networks for Rs 4K croreTata Teleservices' stake in Viom Networks came down to 26 per cent after ATC acquired majority stake in the company and merged its existing...
- Government clears ATC buying 51% stake in Viom for Rs 5,856.51 croreThe Cabinet Committee on Economic Affairs today cleared the proposal of ATC to acquire 51 per cent stake in Viom Networks for Rs 5,856.51 c...
- CCI approves ATC's Rs 7,635-crore stake buy in Viom NetworksUS-based American Tower Corp has got CCI approval to acquire a majority stake in telecom tower firm Viom Networks for Rs 7,635 crore in an ...
- American Tower, Carlyle lead race for Reliance Infratel majority; bids value firm at up to Rs 24,000 croreAmerican Tower & Carlyle are among the top initial bidders seeking to acquire a 51% stake in Reliance Infratel, people familiar with the ma...
- Axiata Group wants Idea Cellular's 8,000 towers to build southeast Asian infrastructure companyAxiata wants to acquire or merge more than 8,000 towers of the Idea Cellular as it looks to create a unified tower entity with a presence i...
- Indus Towers to cross $2b revenue mark this fiscalIndus Towers is a JV of Bhari Group, Idea Group & Vodafone Essar. Bharti Vodafone hold 42% stake each in the company, while Idea holds the ...
- Indus Towers' IPO at a later stage, says Idea's AgaIndus Towers is expected to come out with an initial public offer (IPO) "at a later stage", a top Idea Cellular official said.
- ATC out of race for Tata tower stakeAmerican Tower Corp (ATC), one of the world’s largest tower firms, is no more in the race for acquiring a stake in Tata Teleservices’ .
- Morgan Stanley picks up stake in TowerVisionAccording to sources, TowerVision has raised about $300 million, with Morgan Stanley contributing a significant chunk of this for an equity...
- HSBC, Tiger, DB in race for RCOM tower stakeThe much-talked about Reliance Communication (RCOM) stake sale in its newly hived off infrastructure arm is expected to be finalised shortl...
- 9 giants in race for RCoM's tower bizThe co is looking to divest up to 26% stake in RTIL to strategic investors and has been in negotiations.
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