Latest News on Indus Towers
Showing of 0 - 10 from 17 results
Indus Towers - Total results - 17
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Jan 25, 2019
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. -
Nov 22, 2018
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. -
Sep 06, 2018
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. -
Jul 27, 2018
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 -
Jul 25, 2018
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. -
Jul 25, 2018
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. -
Apr 27, 2018
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 -
Apr 27, 2018
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 -
Apr 25, 2018
Bharti Airtel shares gain over 3% on Q4 earnings, tower biz merger; market cap rises by Rs 5,477 cr
Bharti Airtel was the top gainer on Sensex and Nifty during the day -
Apr 25, 2018
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.
