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Tag: infratel
TIM and Infratel ink deal to accelerate fibre rollout in underserved areas
2020-04-03 09:27:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has reached an agreement with Italy's state-owned infrastructure firm Infratel to speed up the development of superfast internet in underserved parts of the country and address the need for a more efficient network during the coronavirus lockdown. In a statement, the partners said Infratel will provide fibre-optic backbone infrastructure in 8 regions (Abruzzo, Sardinia, Tuscany, Puglia, Calabria, Lazio, Lombardy and Marche), with TIM subsequently delivering local loops to street cabinets and installing electronics components.
Bharti Airtel to sell off stake in Infratel
2019-03-12 01:00:00| Total Telecom industry news
Indian mobile network operator, Bharti Airtel, is to lower its stake in towers firm, Bharti Infratel, downgrading its stock holding from 50.33 per cent to just 18…read more on TotalTele.com »
Tags: sell
stake
airtel
bharti
Bharti Infratel, Indus Towers get competition OK for merger
2018-07-02 02:00:00| Total Telecom industry news
The Competition Commission of India (CCI) has given the green light to Bharti Infratel's proposed merger with Indus Towers. The go-ahead from the CCI, which was announced by Bharti Infratel on Monday, is the first in a series of approvals required by the Indian towers tie…read more on TotalTele.com »
Tags: competition
merger
towers
indus
Indian mobile operators agree to merge tower operators Bharti Infratel, Indus Towers
2018-04-25 08:59:00| Telecompaper Headlines
(Telecompaper) India's top mobile operators have agreed to merge their tower subsidiaries Bharti Infratel and Indus Towers. This will create the world's largest tower company outside China, with over 163,000 towers operating across all 22 telecom service areas in India.
Tags: mobile
agree
indian
tower
Airtel sells 3.6% stake in Infratel tower unit for INR 26 bln
2017-08-09 07:55:00| Telecompaper Headlines
(Telecompaper) Indian operator Bharti Airtel has divested a 3.6 percent stake in its towers arm Bharti Infratel for INR 26 billion. Bharti Airtel sold 67.53 million shares in its subsidiary Bharti Infratel at a price of INR 380.6 per share, representing a discount of around 4 percent to the previous day's closing price. Following this transaction, Bharti Airtel owns a 58 percent stake in Bharti Infratel.