Vodafone Idea Merger: Bharti Infratel Said to Take an Annual Hit of Rs 780 Crore

By September 6th, 2018 AT 12:45 PM

Bharti Infratel, the telecom arm of Bharti Airtel has said that its consolidated revenue, including that from Indus Towers, is expected to take a hit of around Rs 780 crore on an annual basis, thanks to the exit of Vodafone and Idea Cellular from co-located mobile towers. Following the completion of Vodafone-Idea merger, the companies have served exit notices to Bharti Infratel and its subsidiary Indus Towers from 27,447 co-located mobile towers on a consolidated basis.


“The aforesaid co-locations contribute to 13.7% of the total co-locations basis as on June 30, 2018. This is likely to result in a net reduction of consolidated service revenue of approximately Rs 60-65 crores per month with effect from September 1, 2018,” Bharti Infratel said in a regulatory filing, as reported by PTI.

It added that the adverse impact on revenue would be mitigated by exit charges and incremental revenues on account of anticipated new network rollouts by the operators going forward. Bharti Infratel and Vodafone own around 42% stake each in Indus Towers and rest of the stake is held by Aditya Birla group firm Idea Cellular.

Vodafone and Idea have merged their mobile businesses and now they are in the process of consolidating assets to trim operational and capital expenses. In other news, Bharti Infratel and Indus Towers announced a merger to form the largest telecom tower company outside China.

Chakri is a go-to guy for your next smartphone recommendation. Back in his engineering days, he used to play with smartphones by installing custom ROMs and that passion got him into the tech industry. He still goes nuts about a smartphone knocking his door for review. Currently managing everything at Telecom Talk, Chakri is trying to master PUBG Mobile in his free time.

oldest most voted
Inline Feedbacks
View all comments

Recent Posts

IPL 2020 Starts Today: Get These Prepaid Plans to Watch it for Free

The festival of sports is back to the country today with the arrival of the Indian Premier League (IPL). The...

Trai Issues New Rules for Publishing Tariff Plans by Telcos to Boost Transparency

The Telecom Regulatory Authority of India (Trai) today issued new directions on tariff advertisements and tariff publications for telcos. The...

Amazon Alexa App Will Now Support Hindi on Both iOS and Android

Amazon Alexa is a smart assistant which can make your life a bit easier. You can ask Alexa to do...