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IMG was set up to give recommendation to help telecom companies come out of the financial difficulties.

Bharti Infratel mulls picking up stake in Indus Towers

Bharti Infratel and Vodafone India hold 42 per cent stake in Indus Towers and rest is held by Idea Cellular.

31 Oct 2017 3:22 AM

According to the industry sources, banks are worried telcos will start defaulting on payments due to fall in revenues and high level of debt in the sector.

Bharti Infratel posts 17 per cent drop in Q2 net profit

Profit after tax fell to Rs 6.38 billion ($98.40 million) in the quarter ended September 30, from Rs 7.74 billion in...

30 Oct 2017 2:57 PM

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Bharti Airtel sells stake in Bharti Infratel for Rs 3,325 crore

Bharti Airtel, India's largest telecom operator, will primarily use proceeds from this sale to pare its debt.

14 Nov 2017 7:23 AM

Indus Towers currently operates in 15 telecom service areas and Bharti Infratels operations are focused on the remaining 7 circles.

Bharti Infratel, Indus Towers set to merge

To have world's 2nd largest number of mobile towers.

25 April 2018 8:55 PM

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

Indus Towers, Bharti Infratel merging to become world No 2 for masts

The combined company, which will lag only China Tower, will remain listed on Indian bourses.

25 April 2018 8:38 AM

Bharti Infratel Q4 net profit rises 2 pc to Rs 606 cr Mobile tower firm Bharti Infratel today posted a 2 per cent rise in consolidated net profit at Rs 606 crore for the fourth quarter ended March 2018.

Bharti Infratel Q4 net profit rises 2 per cent to Rs 606 crore

The company's net profit for the January-March period of the previous 2016-17 fiscal stood at Rs 597 crore.

23 April 2018 1:59 PM

Bharti Infratel Q4 net profit rises 2 pc to Rs 606 cr Mobile tower firm Bharti Infratel today posted a 2 per cent rise in consolidated net profit at Rs 606 crore for the fourth quarter ended March 2018.

Bharti Infratel, Indus Tower merger deal gets clearance from SEBI

It will now approach National Company Law Tribunal for its approval, the company said.

25 July 2018 9:48 AM

Bharti Infratel Q4 net profit rises 2 pc to Rs 606 cr Mobile tower firm Bharti Infratel today posted a 2 per cent rise in consolidated net profit at Rs 606 crore for the fourth quarter ended March 2018.

Bharti Infratel receives CCI nod for merger with Indus Towers

Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for merger.

2 July 2018 9:00 AM

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Airtel could raise USD 3.5 bn more from stake sale in merged tower...

Sale of a significant stake in its tower assets would help in further debt reduction, said Moody's.

19 July 2019 11:34 AM

Airtel said it has already launched innovative and affordable International roaming packs for all major countries across the world.

Airtel stake sale in tower arm credit positive: Moody's

Moody's Investors Service rated 3.65 per cent stake sale in Bharti Infratel as credit positive for Airtel.

11 Aug 2017 6:00 AM

Airtel said it has already launched innovative and affordable International roaming packs for all major countries across the world.

Airtel sells 6.7 cr Bharti Infratel shares for Rs 2,570 cr

Bharti Airtel will primarily use the proceeds from this sale to reduce its debt

8 Aug 2017 7:50 AM

Airtel plans to sell 3.7 pc stake in Bharti Infra for Rs 2500 cr

Bharti Airtel's consolidated net debt at the end of June 2017 was Rs 87,840 crore.

8 Aug 2017 4:25 AM