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Birla plans Idea Cellular reorganisation, potential sale of stake in tower business

Connectivity BusinessbyConnectivity Business
October 5, 2016
in Investments, Space Services, Strategy and Markets
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Indian business magnate Kumar Mangalam Birla reportedly plans to reorganise Idea Cellular’s telecoms and tower businesses to simplify its holding structure – a move which could see the mobile operator sell a 49% stake in the tower business. Idea, India’s third largest mobile operator, has hired Bank of America Merrill Lynch to help it bring in a […]

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Tags: Aditya Birla TelecomAsia PacificBharti AirtelIdea CellularIndus TowersPremiumProvidence Equity PartnersTF249Vodafone
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