In reference to the News item dated April 24, 2024 titled ‘Talk of the Tower: Airtel eyes Vodafone's 21.05% in Indus’, Bharti Airtel has clarified that the company (Airtel) is not in any discussion with Vodafone Group to acquire such stake in Indus Towers (‘Indus’). The Company has no desire to raise its stake beyond what is required for financial consolidation of Indus in the Company, which shall be done as and when appropriate with compliance of applicable disclosure requirements. Indus is a provider of critical infrastructure services to the telecom industry and Airtel relies heavily on it. Airtel will therefore always ensure that Indus remains in robust health and financially stable.
The above information is a part of company’s filings submitted to BSE.
