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Bharti Hexacom sells its mobile towers to Indus Towers for ₹1,134 crore, with shareholder approval.
Bharti Hexacom, a subsidiary of Bharti Airtel, has received shareholder approval to sell its mobile towers to sister company Indus Towers for ₹1,134 crore.
The move is part of Bharti Airtel's efforts to streamline operations and improve financial performance.
While the majority of shareholders supported the deal, state-run Telecom Consultants of India Ltd., holding a 15% stake, opposed it due to valuation concerns.
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Bharti Hexacom vende sus torres móviles a Indus Towers por ₹ 1.134 crores, con la aprobación de los accionistas.