2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reliance Infratel
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Aster Infrastructure
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Indus Towers Limited
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Essar Telecom
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Detailed explanation-1: -Merger between Bharti Infratel and Indus Towers was a massive step… We announced our merger in April or May 2018. We were almost in a situation wherein the merger was announced but was not happening.
Detailed explanation-2: -The combined company will be the largest tower company in the world outside China[1]. The combined company, which will fully own the respective businesses of Bharti Infratel and Indus Towers, will change its name to Indus Towers Limited and will continue to be listed on the Indian Stock Exchanges.
Detailed explanation-3: -Bharti Airtel along with its wholly-owned subsidiary has acquired about 4.7 per cent stake in Indus Towers from Euro Pacific Securities, an affiliate of Vodafone Group, a stock exchange filing said on Tuesday.