Bharti Infratel-Indus Towers Merger Delay to Impact Vodafone Idea’s Capability to Raise Funds
Bharti Infratel's move to extend the deadline for the merger with Indus Towers by over two months till August 31 will now impact Vodafone Idea's capability to raise funds to clear a part of AGR-related dues. Currently, Vodafone Idea has just paid 13% of the total outstanding AGR dues. Bharti Infratel, in a regulatory filing, had said that its Board of Directors reviewed the status of the scheme of arrangement... Read More
