Indus Towers

Showing of 1 - 20 from 25 results
Indus Towers - Total results - 25
Bharti Infratel Q4 net profit at Rs 650 cr; company extends Indus Towers merger deadline by 2 months
Business

Bharti Infratel Q4 net profit at Rs 650 cr; company extends Indus Towers merger deadline by 2 months

Telecom infrastructure firm Bharti Infratel on Thursday reported a 7 percent increase in consolidated net profit for the March quarter at Rs 650 crore

Bharti Infratel extends deadline for merger with Indus Towers by two months
Business

Bharti Infratel extends deadline for merger with Indus Towers by two months

Bharti Infratel on Monday extended the deadline for its merger with Indus Towers by two more months to 24 April, but cautioned that final call on scheme implementation will be taken by the board based on assessment of telecom crisis and its impact

AGR dues: 'We have sought 10 years to make payment on principal with a 2-year moratarium', says Vodafone CEO
Business

AGR dues: 'We have sought 10 years to make payment on principal with a 2-year moratarium', says Vodafone CEO

Vodafone in November wrote off the carrying value of its share in the loss-making joint venture

Bharti Infratel, Indus Towers extend deadline for merger to 24 February next year in absence of necessary govt approvals
Business

Bharti Infratel, Indus Towers extend deadline for merger to 24 February next year in absence of necessary govt approvals

In October this year, Bharti Infratel had extended the deadline for merger by two months to December 24 as regulatory uncertainty loomed over the deal.

Bharti Infra sets 24 December deadline for merger with Indus Towers; delay to result in lower payment to Vodafone Idea
Business

Bharti Infra sets 24 December deadline for merger with Indus Towers; delay to result in lower payment to Vodafone Idea

In April 2018, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for the merger of Indus Towers and Bharti Infratel to create the largest mobile tower operator in the world outside China

Will HDFC sustain performance, deliver returns to shareholders? Stock picks from analysts and more from Moneycontrol Pro
Business

Will HDFC sustain performance, deliver returns to shareholders? Stock picks from analysts and more from Moneycontrol Pro

Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles

'Bharti Infratel, Indus Towers merger expected to be completed by August'
Business

'Bharti Infratel, Indus Towers merger expected to be completed by August'

Last year, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for merger of Indus Towers and Bharti Infrate

Bharti, Vodafone plan to reduce stakes in mobile tower joint venture; Airtel to raise Rs 22,400 cr via share sale
Business

Bharti, Vodafone plan to reduce stakes in mobile tower joint venture; Airtel to raise Rs 22,400 cr via share sale

Post the deal, Bharti Airtel and Vodafone will jointly control the combined company, and the transaction is expected to close before the end of 2018-19, subject to statutory approvals.

Bharti Infratel settles tower exits with 4 operators for about Rs 3,800 cr; third quarter records highest gross tower
Business

Bharti Infratel settles tower exits with 4 operators for about Rs 3,800 cr; third quarter records highest gross tower

Bharti Infratel chairman Akhil Gupta during the company's earnings call said that all the charges with Airtel, Tata, Telenor, Vodafone Idea have been settled for all exits that were received up to 30 November, 2018.

Vodafone Idea plans to invest Rs 27,000 crore in FY20; debt-ridden firm advances merger to 2021
Business

Vodafone Idea plans to invest Rs 27,000 crore in FY20; debt-ridden firm advances merger to 2021

Vodafone Idea estimates that sale of 11.15 percent stake in Indus Towers can realise Rs 5,000 crore, which it will use in lowering debt.

Bharti Infratel to take annual hit of Rs 780 cr from Vodafone-Idea exit; revenue impact to be mitigated by exit charges
Business

Bharti Infratel to take annual hit of Rs 780 cr from Vodafone-Idea exit; revenue impact to be mitigated by exit charges

Bharti Infratel and Vodafone own around 42 percent stake each in Indus Towers and rest of the stake is held by Aditya Birla group firm Idea Cellular.

Idea-Vodafone merger heralds new phase of tough competition in telecoms; bankers and content consumers may hold the key
Business

Idea-Vodafone merger heralds new phase of tough competition in telecoms; bankers and content consumers may hold the key

In a sense, the Idea-Vodafone merger was a forced marriage of convenience because Jio hit the market when the UK-based giant was planning its own Indian IPO (initial public offering), and the merger was seen as a backdoor way for Vodafone to get listed

Vodafone's Q1 revenue down 22% on intense competition; company to complete Idea merger by August
Business

Vodafone's Q1 revenue down 22% on intense competition; company to complete Idea merger by August

Vodafone said the service revenues, excluding the impact of the mobile termination rate cuts, declined by 9.6 per cent for the reporting quarter.

Bharti Infratel, Indus Tower merger deal gets SEBI nod, to approach NCLT for approval
Business

Bharti Infratel, Indus Tower merger deal gets SEBI nod, to approach NCLT for approval

In April this year, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for the merger of Indus Towers and Bharti Infratel to create the largest mobile tower operator in the world outside China.

Bharti Airtel may face rating downgrade in 6-12 months if intense competition decreases its margins, says Moody's
Business

Bharti Airtel may face rating downgrade in 6-12 months if intense competition decreases its margins, says Moody's

Telecom major Bharti Airtel may face a rating downgrade in next 6-12 months if intense competition remains in the market and decreases its margins

Price competition in Indian telecom market expected to ease beyond short-term: Fitch
Business

Price competition in Indian telecom market expected to ease beyond short-term: Fitch

The combination of Bharti Infratel with Indus Towers, announced on Wednesday, reflected the "fierce price competition" in the Indian telecom market that has prompted consolidation and incumbents to sell assets to raise funds, Fitch said

Bharti Airtel says will evaluate strategic stake sale in new mobile tower company after merger
Business

Bharti Airtel says will evaluate strategic stake sale in new mobile tower company after merger

Airtel, Idea Cellular and Vodafone Group announced the merger of Indus Towers and Bharti Infratel to create a mobile tower juggernaut.

Indus Towers, Bharti Infratel to merge; new entity will be largest mobile tower operator outside China
Business

Indus Towers, Bharti Infratel to merge; new entity will be largest mobile tower operator outside China

Post the deal, Bharti Airtel and Vodafone will jointly control the combined company, and the transaction is expected to close before the end of 2018-19, subject to statutory approvals.

Idea Cellular to raise Rs 3,250 cr from promoter group; will mull options for additional Rs 3,500 cr funding
Business

Idea Cellular to raise Rs 3,250 cr from promoter group; will mull options for additional Rs 3,500 cr funding

Idea Cellular board on Thursday approved raising about Rs 3,250 crore from the entities under the promoter Aditya Birla Group by issuing 32.66 crore equity shares on a preferential basis