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Wireless

Indus Towers-Infratel merger completion postponed to 24 December

Wednesday 30 October 2019 | 11:34 CET | News
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Indian operator Vodafone Idea, Indus Towers and Infratel have agreed to extend the long stop date for the Indus - Infratel planned merger to 24 December. Vodafone reports "it has not been possible to satisfy all the conditions", including that of DoT approval, before the original long stop date of 24 October. On 25 April this year, Vodafone announced the merger of Indus (in which Vodafone holds an 11.15 percent equity stake) with Bharti lnfratel.

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