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Indus Towers Acquires Bharti Airtel Assets for ₹3,308 Crore

  • Indus Towers announced the acquisition of mobile sites from Bharti Airtel and Bharti Hexacom for ₹3,308.7 crore via slump sale.
  • The deal includes 16,100 telecom towers, with Bharti Airtel and Bharti Hexacom boards approving the sale of 12,700 and 3,400 towers respectively.
  • Indus Towers, India's largest telecom infrastructure firm, will finance the acquisition through borrowings.

Source: Mint, The Times Of India

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5mo ago
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