Wednesday, 12 November 2014

Bharti Infratel seeks to buy mobile towers of Vodafone, Idea in 7 circles

Bharti Infratel is seeking to buy mobile towers of Vodafone and Idea Cellular in seven out of 22 telecom circles in the country.
Infratel has over 36,381 standalone mobile towers spread across 18 states under 11 telecom circles. The company also has a 42 per cent stake in Indus Towers- joint venture between Bharti Infratel, Vodafone and Aditya Birla Telecom.
The states where Bharti Infratel has no overlapping business with Indus includes, Jammu and Kashmir, Himachal Pradesh, Madhya Pradesh, Chattisgarh, Bihar, Jharkhand, Odisha, Assam and North Eastern states. These states jointly come under 7 telecom circles.

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