Infratel–Indus Towers merger remains in limbo

Infratel–Indus Towers merger remains in limbo

Source: Marcelo Quinan / Unsplash

Deal, agreed more than two years ago, continues to be clouded in uncertainty. Latest delay likely related to uncertainty over Vodafone Idea’s payment of AGR dues. Bharti Infratel chairman confident of favourable ruling from Supreme Court, and that Vodafone will “definitely stay” in India.

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