Bharti Infratel has received approval from National Company Law Tribunal (NCLT) for the planned merger with Indus Towers. The proposed merger, which will create a mega tower company in India, will also require approval from the Telecom Department. The mega tower company born from the merger will have an estimated 1.63 lakh towers in 22 telecom service areas in the country.
Bharti Infratel is a provider of tower and related infrastructure, and deploys, owns and manages telecom towers and communication structures for various mobile operators.
