DoT clears Bharti Infratel-Indus merger: Sources

The Department of Telecommunications (DoT) is learnt to have cleared Bharti Infratels mega merger deal with Indus, sources said, paving the way for creating one of the worlds largest telecom tower companies with over 1,63,000 towers, and also offering a much needed avenue for beleaguered Vodafone Idea to raise funds to clear a portion of its massive AGR dues to the government.

Feb 21, 2020 05:02 IST Source : economictimes

Infratel
The Department of Telecommunications (DoT) is learnt to have cleared Bharti Infratels mega merger deal with Indus, sources said, paving the way for creating one of the worlds largest telecom tower companies with over 1,63,000 towers, and also offering a much needed avenue for beleaguered Vodafone Idea to raise funds to clear a portion of its massive AGR dues to the government.

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