Govt approves merger of Bharti Infratel, Indus Towers
Updated : February 22, 2020 11:11 AM IST
The combination of Bharti Infratel and Indus Towers will create a pan-India tower company with over 163,000 towers, operating across all 22 telecom service areas.
The combined entity will be the largest tower company in the world outside China.
Bharti Infratel and Vodafone hold 42 percent stake each in Indus. Vodafone Idea holds 11.15 percent stake in the mobile tower firm.