Tag: Bharti Infratel

New Delhi: Bharti Airtel has approved the merger of Bharti Infratel and Indus Towers to create the largest mobile tower entity worldwide with 1.63 lakh towers across 22 circles in India, a company statement said here on Wednesday. Before merger, Indus Towers was jointly owned by Bharti Infratel (42 per cent), Vodafone (42 per cent), […]

Mumbai: Bharti Airtel has completed the sale of 11.32 per cent stake in Bharti Infratel to Nettle Infrastructure Investments Limited for Rs 6,806 crore, a regulatory filing by the company said here on Wednesday. Nettle is a wholly-owned subsidiary of Bharti Airtel. “The company has today completed an inter-se transfer of 11.32 per cent stake […]

New Delhi: The Chandigarh bench of National Company Law Tribunal (NCLT) has approved the proposed merger of telecom infrastructure companies Bharti Infratel and Indus Towers. “National Company Law Tribunal (NCLT), Chandigarh Bench, vide its order dated May 31, 2019, has sanctioned the scheme of amalgamation and arrangement between Indus Towers Limited (transferor company) and Bharti […]