Indus Towers
Bharti Airtel Acquires More 1% Stake in Indus Towers
Bharti Airtel, India’s second-largest telecom operator, has increased its stake in Indus Towers by acquiring an additional 1%. This acquisition occurred as Vodafone UK offloaded an 18% stake in the telecom infrastructure company. Prior to this, Airtel held a 47.95% stake in Indus Towers, which has now risen to 48.95%, making it the largest stakeholder. […]
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Vodafone Idea Dues to Indus Towers: Vodafone to Sell 10% Stake to Repay Debt
Vodafone Group plans to sell about 10% of its stake in Indus Towers for up to $1.1 billion as part of the British firm’s efforts to repay its debt. Vodafone will sell roughly 268 million shares in Indus Towers through stock market block deals in Mumbai, priced between 310 rupees ($5.02) and 341 rupees per […]
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Vodafone Idea Dues to Indus Towers, Will Sell Entire Indus Towers Stake
According to sources familiar with the matter, reported on June 14 that Vodafone Group is considering selling its entire $2.3 billion stake in Indus Towers, a mobile-tower operator, through block deals next week. Vodafone holds a 21.5% stake in Indus Towers through various group entities. The report indicated that the final transaction size might be […]
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Vodafone Idea Required to Settle Dues with Indus Towers for New Services: Report
Vodafone Idea (Vi), the country’s third-largest telecom operator, must clear its outstanding dues with Indus Towers to roll out new services. Vi plans to launch 5G soon, leveraging Indus Towers’ infrastructure. Recently, Vi raised funds through equity, improving its ability to settle these debts. According to an ET report, Sunil Bharti Mittal, Chairman of Bharti […]
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Hi-COM and Indus Towers Joint Hands for Telecom Expansion
Hi-COM Network Private Limited, a prominent internet service provider, has announced a strategic collaboration with Indus Towers Limited, the world’s largest telecom tower company, aimed at enhancing telecommunications infrastructure and advancing sustainability initiatives. Indus Towers Limited, resulting from the merger of Bharti Infratel Limited and Indus Towers, has played a crucial role in providing robust […]
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Telecom Infrastructure Providers Urge Simplification of GST Regime in Budget 2024
The Digital Infrastructure Providers Association (Dipa) has urged for a flexible regulatory and policy framework, including favorable goods and services tax (GST) norms, leading up to the Union Budget 2024. TR Dua, Director-General of Dipa, emphasized the need for the budget to delineate supportive policies and simplified regulations to foster the growth of the telecom […]
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Indus Towers Commends Telecom Bill 2023 for Resolving Industry Concerns
The recent Telecommunications Bill of 2023 signifies a crucial effort to modernize the longstanding Indian Telegraph Act, which has governed the telecom sector for 138 years. Introduced in the Lok Sabha by the Union Telecommunications Minister, the bill aims to amend and consolidate laws related to the development, expansion, and operation of telecommunication services, telecommunication […]
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Indus Towers Can Bring Restrictions to Services of Vodafone Idea
GLOBAL BLOCKCHAIN MINING CORP. (CSE: FORK) (OTC Pink: GBCHF) (“FORK” or the “Company”) announces that US-based AmmbrTech, Inc.
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