Bharti Infra to take annual hit of Rs 780 Cr from Vodafone Idea exit
Friday, September 7, 2018, 9:55 AM
Bharti Infratel has said its consolidated revenue is expected to take around Rs 780-crore hit annually due to the exit of Vodafone India and Idea Cellular. Following their merger, Vodafone and Idea have served exit notices to Bharti Infratel and Indus Towers from 27,447 co-located mobile towers. Currently, Bharti Infratel and Vodafone own around 42% stake each in Indus Towers.