Indus Towers / Bharti Infratel merger

Overview:

• Bharti Infratel, the tower unit of Bharti Airtel, is set to merge with telecom company Indus Towers.
• The merged entity will be the largest tower company outside of China.
• The merger ratio is 1,565 shares of Bharti Infratel for every 1 Indus Towers share. The transaction values Indus at approximately $10.8 billion.

Shah Shameer Ahmed - Researcher