Indus to Acquire Telecom Towers of Bharti Airtel and Hexacom for Rs 3,308.7 Crore
Telecom infrastructure company Indus Towers (Indus) will acquire mobile sites of Bharti Airtel Limited and Bharti Hexacom Limited for Rs 3,308.7 crore, the company said in a regulatory filing. The boards of Bharti Airtel and Bharti Hexacom have approved the sale/transfer of approximately 12,700 telecom towers and 3,400 telecom towers for Rs 2,147.6 crore and Rs 1,134 crore, respectively. The deal excludes the transfer of sites installed under Universal Service... Read More