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Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues

TMT

15 November, 2019

Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues

Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making provisions for ......

Tata Group, IDFC PE to sell $400 mn stake in ATC's India unit

TMT

31 October, 2018

Tata Group, IDFC PE to sell $400 mn stake in ATC's India unit

American Tower Corporation is set to increase its stake in its India unit by buying shares from Tata Group and ......

Idea Cellular completes merger with Vodafone India

TMT

31 August, 2018

Idea Cellular completes merger with Vodafone India

Idea Cellular Ltd and Vodafone Group Plc completed the merger of their India operations on Friday, creating the country's largest ......

Axiata takes $810 mn impairment hit on Idea Cellular investment

TMT

17 August, 2018

Axiata takes $810 mn impairment hit on Idea Cellular investment

Malaysia’s Axiata Group Berhad said on Friday it has recorded a non-cash impairment charge of 3.33 billion ringgit ($810 million ......

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Flashback 2017: Top law firms of the year

Finance

27 December, 2017

Flashback 2017: Top law firms of the year

With the deal street buzzing with activity, law firms were faced with a huge rush of traffic in 2017, despite ......

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M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

TMT

30 November, 2017

M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

Falling tenancy count and lower rentals have forced most players in the capital-intensive Indian telecommunication tower industry to ride a ......

ATC to acquire tower businesses of Idea, Vodafone for $1.2 bn

TMT

13 November, 2017

ATC to acquire tower businesses of Idea, Vodafone for $1.2 bn

Idea Cellular Ltd and Vodafone Group Plc’s Indian unit have agreed to sell their standalone tower assets to American Tower ......

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TA Associates scores exit from healthcare portfolio firm

Healthcare

01 November, 2017

TA Associates scores exit from healthcare portfolio firm

US-based private equity firm TA Associates has sold its entire stake in a healthcare portfolio firm with healthy returns, its ......

Bharti Infratel to explore buying stake in Indus Towers

TMT

30 October, 2017

Bharti Infratel to explore buying stake in Indus Towers

Telecom tower operator Bharti Infratel Ltd said on Monday it has decided to explore acquiring some or all the stake ......

ATC may buy Vodafone, Idea tower biz; SkyPower seeks investment

General

25 October, 2017

ATC may buy Vodafone, Idea tower biz; SkyPower seeks investment

NYSE-listed American Tower Corporation (ATC) is looking to buy 20,000 standalone towers of Vodafone India Ltd and Idea Cellular Ltd ......