Bharti Infratel Indus Towers Merger News

Companies

Bharti Infratel, Indus Towers merger to be completed next month

The two tower companies had in April last year agreed to merge their businesses to create the world’s largest tower company outside ChinaThe combined entity will own more than 163,000 towers, second only to China Tower

1 min read25 Jul 2019
Industry

Bharti Infratel, Indus likely to invest Rs3,500 crore capex for FY’19 ahead of merger

The amount of investment is similar to last year's levels and will go into 'new towers, tenancies and replacement capital'

3 min read7 May 2018
Market

Bharti Infratel-Indus Towers deal structure suggests Idea Cellular is desperate for cash

As per the Bharti Infratel-Indus Towers deal structure, Indus's valuation in case of a cash transaction will be a 10% discount to Bharti Infratel's EV/Ebitda multiple

2 min read26 Apr 2018

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles