Tag: Vodafone India

India’s third largest telco Idea Cellular has reportedly agreed to a financing deal worth US$215m from Export Development Canada (EDC). The EDC’s financing comes as ...

Nearly all of Indian towerco Reliance Infratel’s shareholders have agreed to its demerger from Canada-based Brookfield Asset Management for an upfront cash payment of Rs110bn (US$1.7bn). Through the deal, ...

Indian private equity fund IDFC Alternatives has reportedly acquired a 33% stake in towerco Ascend Telecom Infrastructure from PE New Silk Road (NSR) for around Rs58.5bn (US$910m). The deal’s ...

Axiata Group-owned giant telecoms infraco edotco has upsized its private placement equity deal to US$700m and lured Malaysia’s Retirement Fund Incorporated (KWAP) as a new investor. Edotco CEO ...

India’s second-largest towerco Bharti Infratel and Asian giant infraco edotco are reportedly aiming to acquire Vodafone’s 42% stake in Indus Towers. Edotco’s parent, Malaysian Axiata Group is seeking to expand its ...

Sky Network Television and UK-based Vodafone’s New Zealand unit plan to appeal the Commerce Commission’s (ComCom’s) rejection of their proposed merger to preserve ...

Instead of selling to a private investor, Bharti Airtel confirmed it will transfer 21.63% of its stake in India’s second-largest towerco Bharti Infratel to its wholly-owned Nettle Infrastructure Investments unit. ...

British telco giant Vodafone has confirmed the merger of its Indian unit with Idea Cellular for US$23bn to create India’s largest telco amid a ...

Bharti Airtel has decided to cancel its plans to sell a majority stake in India’s second-largest towerco Bharti Infratel. India’s largest mobile operator ...

Private equity firm Providence Equity Partners has decided to sell 3.4% of India’s third largest mobile operator Idea Cellular as a merger with Vodafone’s local ...