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CCI approves Bharti Airtel's stake increase in Indus Towers, clears CVC Capital's acquisition of Aavas Financiers

CCI approves Bharti Airtel's stake increase in Indus Towers, clears CVC Capital's acquisition of Aavas Financiers

Oct 23, 2024, at 05:36 am

New Delhi: The Competition Commission of India (CCI) has approved Bharti Airtel's proposal to increase its stake in Indus Towers, following a buyback of shares by the telecom infrastructure company. Indus Towers, a passive telecom infrastructure provider, deploys, owns, and manages infrastructure for various mobile operators.

Vodafone sells 18% stake in Indus Towers for 1.7 billion euros

Vodafone sells 18% stake in Indus Towers for 1.7 billion euros

Jun 20, 2024, at 04:10 am

Mumbai: British telecom company Vodafone announced on Wednesday that it has sold an 18 percent stake in Indus Towers for 1.7 billion euros (approximately Rs 15,300 crore), reported media.

Vodafone Group to sell entire $2.3 bn stake in Indus Towers

Vodafone Group to sell entire $2.3 bn stake in Indus Towers

Jun 14, 2024, at 10:15 pm

Mumbai: Vodafone Group is planning to sell its entire $2.3 billion stake in India's Indus Towers through block deals on the stock market next week, Reuters reported citing two sources with direct knowledge of the matter.