In a significant development within the telecommunications sector, the Commission approved an increase in Bharti Airtel Limited’s (Bharti Airtel) percentage shareholding in Indus Towers Limited (Indus Towers) to 50.005% pursuant to buy back of shares by Indus Towers.
Bharti Airtel is one of India’s leading communications solutions providers, renowned for its extensive range of mobile and broadband services under the brand name “Airtel.” The company has established a robust presence in the telecom industry, driven by innovation and a commitment to delivering quality services to its customers.
Indus Towers, on the other hand, serves as a passive telecom infrastructure provider. It deploys, owns, and manages passive telecom infrastructure for various mobile operators.