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Vodafone Idea, Bharti Infratel Spar Over Indus Towers Stake Sale

Vodafone Idea, Bharti Infratel Spar Over Indus Towers Stake Sale

Submitted by • February 25, 2020 www.communicationstoday.co.in

"Differences seem to have cropped up in negotiations between cash-strapped Vodafone Idea and the Bharti group, regarding the sale of Vodafone Idea’s 11.15 percent stake in Indus Towers. The all-cash deal could take place after the merger between Bharti Infratel and Indus Towers gets all clearances.
Last week, the deal received clearance from the Department of Telecommunications."

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