Talk of the Tower: Airtel eyes Vodafone's 21.05% in Indus
Wed, Apr 24, 2024 8:41 AM

Talk of the Tower: Airtel eyes Vodafone's 21.05% in Indus

A Flip by Shubhangi Gupta
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Bharti Airtel is in talks to buy Vodafone Group's 21.05% stake in Indus Towers, which could potentially give India's second ranked telco a controlling interest, said two people aware of the matter. If Vodafone Plc sells its Indus stake to Airtel, it could infuse some of the proceeds into Vodafone Idea, its cash-strapped, local telecom venture with the Aditya Birla Group, industry experts said.

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