Respite to Vodafone Idea as Bharti Infratel-Indus Towers Merger Approved by DoT
The Department of Telecommunications (DoT) has reportedly cleared Bharti Infratel’s mega-merger deal with Indus Towers, offering much-needed respite for Vodafone Idea Limited. The companies received the critical Foreign Direct Investment nod from the telecom department, paving way for the creation of one of the largest towers companies in the world. “The final FDI enhancement approval required for Indus-Infratel merger has come. This is a big positive for the Vodafone-Idea," an... Read More
