CCI okays hike in shareholding of Bharti Airtel in Indus Towers
Published: Oct 23, 2024
By TIOLCorplaws News Service
NEW DELHI, OCT 23, 2024: COMPETITION Commission of India has approved an increase in the percentage shareholding of Bharti Airtel Limited (Bharti Airtel) in Indus Towers Limited (Indus Towers) to 50.005% pursuant to buy back of shares by Indus Towers.
Bharti Airtel is a communications solutions provider, operating under the brand name "Airtel".
Indus Towers is a passive telecom infrastructure provider. It deploys, owns, and manages passive telecom infrastructure for various mobile operators.