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Bharti Infratel News

25 Mar 2022

Airtel to acquire Vodafone's 4.7% stake in Indus Towers for Rs 2,388 crore

Bharti Airtel had said it will buy Vodafone's 4.7 per cent stake on the condition that the proceeds will be used for investment in Vodafone Idea. Indus Towers, formerly Bharti Infratel, provides passive telecom infrastructure.

Bharti Infratel

01 Sep 2020

Bharti Infratel to proceed with Indus Towers merger

Bharti Airtel will hold 36.7 per cent stake in the merged entity. Vodafone UK (28.2 per cent), Providence Equity Partners (3.2 per cent). This will be based on 60 days volume weighted average price (VWAP) as at closing date and agreed closing adjustments.

Bharti Infratel

04 Jun 2020

Bharti Infratel-Indus Towers merger decision likely on June 11

Telecom Infrastructure company Bharti Infratel on Thursday said its board will meet on June 11 to take a final decision on the merger with Indus Towers.

Bharti Infratel

21 Feb 2020

Bharti Infratel-Indus Tower merger deal gets DoT clearance: Sources

The Bharti Infratel and Indus merger was approved ahead of the February 24 deadline, extended by Bharti Infratel in December pending the approval.

12 Mar 2019

Bharti Airtel to cut stake in Bharti Infratel

Market analysts said this transfer of shares would eventually lead to sale of the stake to a third party and help Bharti Airtel raise money.

25 Apr 2018

Bharti Infratel, Indus Tower to merge, own 1.63 lakh towers

Before merger, Indus Towers was jointly owned by Bharti Infratel (42 percent), Vodafone (42 percent), Idea Group (11.15 percent) and Providence Equity Partners (4.85 percent).

14 Nov 2017

Bharti Airtel sells stake in tower biz for Rs 3,325 crore to trim debt

The secondary share sale was executed at Rs 400.6 per share, representing 3.6 percent discount to the previous day's closing price, Airtel said in a statement.

08 Aug 2017

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

Bharti Airtel via its wholly owned subsidiary Nettle Infrastructure Investments divested 67.53 million shares of its subsidiary Bharti Infratel through a secondary share sale in the stock market.

07 Aug 2017

Airtel plans to sell 3.7% stake in Bharti Infra for Rs 2500 crore

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

22 May 2017

'Mobile tower companies to pass on 18% tax to telcos under GST'

Phone bills may get coslier soon as mobile telecom companies are prepared to pass on their 18 percent tax burdenproposed under the Goods and Services Tax (GST) regime.

12 May 2017

Jio woes:Airtel revenue to drop another 2-5% in FY18, says S&P

Bharti Airtel will see another 2 -5 percent fall in revenue this fiscal before returning to growth in the following year, as stiff market competition keeps pricing under pressure, S&P Global Ratings said on Friday.

28 Mar 2017

Airtel offloads 10.3% in Bharti Infratel to KKR, CPPIB

Telecom operator Bharti Airtel has sold 10.3 percent stake in its mobile tower arm Bharti Infratel to a consortium of KKR and Canada Pension Plan Investment Board for Rs 6,193.9 crore.

Bharti Infratel

20 Apr 2016

Bharti Airtel to sell more than 5% stake in Bharti Infratel

Telecom operator Bharti Airtel will sell more than 5 percent stake in its tower arm Bharti Infratel through an open market block deal, as per media report.

Bharti Infratel

23 Oct 2015

Bharti Infratel Q2 net up 25%

It reported a total revenue of Rs.2,930 crore for the corresponding period last year.

Bharti Infratel

23 Oct 2015

Bharti Infratel Q2 net up 25%

It reported a total revenue of Rs.2,930 crore for the corresponding period last year.

Bharti Infratel

19 May 2015

Bharti Infratel shares up nearly 3% on MSCI index inclusion

Bharti Infratel informed BSE on May 14 that the company has been included in the list of stocks in MSCI Global Standard Index.

27 Apr 2015

Bharti Infratel shares up 6% as Q4 profit rises

Shares of Bharti Airtel's tower unit Bharti Infratel Monday surged 6 percent after the company reported 18 percent jump in consolidated net profit for the quarter ended March 31.

Bharti Infratel

27 Apr 2015

Bharti Infratel Q4 profit rises 18% to Rs 558 cr

Bharti Airtel's tower unit Bharti Infratel on Monday reported 18 per cent jump in its consolidated net profit at Rs 558 crore for the quarter ended March 31.

22 Mar 2015

Bharti Airtel partners Amazon for cloud services

Telecom major Bharti Airtel today announced partnership with Amazon Web Services to offer its cloud computing services to customers in India.

26 Feb 2015

Bharti Airtel raises Rs 1,925 cr from stake sale in tower unit

Telecom operator Bharti Airtel has raised Rs 1,925 crore (about USD 310 million) by selling nearly 3 percent stake in its tower unit - Bharti Infratel.

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