Skip to main content

MoneyWorks4Me

Bharti Airtel secures CCI’s nod to raise stake in Indus Towers

23 Oct 2024 Evaluate

The Competition Commission of India (CCI) has approved an increase in the percentage shareholding of Bharti Airtel in Indus Towers to 50.005% pursuant to buy back of shares by Indus Towers. Indus Towers is a passive telecom infrastructure provider. It deploys, owns, and manages passive telecom infrastructure for various mobile operators.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.


Peers
Company Name CMP
Bharti Airtel 2084.90
Jio Platforms 1408.55
Vodafone Idea 12.81
Indus Towers 390.70
Tata Communications 1733.55
View more..