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Articles tagged with: Idea Cellular and Vodafone Essar
Idea Cellular Gets Approval for Tower Separation
India's Idea Cellular has received approval from its shareholders to split off its tower assets into a separate company, Idea Cellular Towers Infrastructure. The new company, which will manage Idea's 11,000 towers will now be merged with Indus Towers, the three-way joint venture with Bharti Airtel and Vodafone Essar. more
Related Tags: indus-towers, bharti-airtel, passive-infrastructure, towers, India
Private Equity Group Invests in Indian Mobile Operator
The private equity group, Providence Equity Partners has taken a twenty percent stake in Aditya Birla Telecom (ABTL) - a wholly-owned subsidiary of India's Idea Cellular - for US$640 million. ABTL owns the telecom mobile license for the Bihar service area and will hold a 16 per cent stake in Indus Towers, the company's tower subsidiary which is co-owned by Vodafone Essar and Bharti Airtel. more
Related Tags: bharti, maharashtra, essar, passive-infrastructure, jharkhand, bihar, towers, India
Indian Government Close to Releasing Withheld 2G Spectrum
India's Department of Telecom (DoT) has given an in principle clearance for Idea Cellular, Vodafone Essar and Aircel to be granted the outstanding 2G spectrum where they currently hold licences, a DoT source told The Economic Times. Currently the operators all hold licenses in some circles, but have not been able to launch their services until the spectrum was released to them. more
Related Tags: department-of-telecom, mumbai, maharashtra, essar, aircel, India
UPDATE: Vodafone India Unveils Cost Cuts, IBM Deal
(Adds detail and comment). more
Related Tags: asia-pacific, qatar-telecom, etisalat, ibm, zte, outsourcing, bharti, london, bharti-airtel, arun-sarin, hutchison, essar, vodafone-group, indus-towers, emirates, laptop, towers, hutchison-essar, India
Vodafone, Bharti and Idea Confirm Merging Indian Tower Ops
As has been widely rumoured over the past few weeks, India's Vodafone Essar, Bharti Infratel and Idea Cellular have confirmed plans to merge their tower operations into a single company. The new company, Indus Towers will provide passive infrastructure services in India to all operators on a non-discriminatory basis. more
Related Tags: reliance-communications, ran, reliance, bharti, backhaul, essar, indus-towers, passive-infrastructure, towers, India