 "Bharti Infratel board may give nod to Indus Tower merger on Wednesday")
Bharti Infratel board will meet on Wednesday to finalise the long pending merger with Indus Towers with some renegotiations in merger valuation to the changed environment in the aftermath of the Covid-19 crisis.
The deal, which was signed in April 2018, is expected to come to fruition and once it is completed it will create one of world’s biggest telecom tower companies.
After being delayed on several occasions, it is learnt that time around the probability of the merger getting called off are low.
However, the union may not prove to be a major financial benefit for the entity but if there is any renegotiation in the contract it may prove to be beneficial for the company.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%