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Wireless

Indus - lnfratel merger deadline extended to 24 April

Saturday 29 February 2020 | 07:11 CET | News
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The merger of Indian operator Indus Towers with Bharti lnfratel has received FDI clearance from regulators. Vodafone Idea owns an 11.15 percent equity stake in Indus. To complete the remaining conditions precedent including the pre-closing adjustments, the parties have agreed to further extend the deadline for closing the deal, from 24 February to 24 April.

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Categories: Mobile & Wireless
Companies: Bharti Infratel / Indus Towers / Vodafone Idea
Countries: India
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