Bharti Airtel to purchase a 4.7% stake in Indus Towers
Indian MNO Bharti Airtel has said it will snap up a 4.7 stake in cell tower firm Indus Towers from Vodafone Idea.
How much Bharti Airtel will pay for the stake was not disclosed, instead the release stated: “The said acquisition purchase would be at an attractive price representing a significant discount typically available for such large block transactions.”
The release goes on to say: “The telecom market structure has started to stabilise on account of the efforts of the Gove
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