Tag: Indus Towers

Cygni Energy, Indus Towers ink MoU on energy storage solutions for telecom infrastructure

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Cygni Energy, Indus Towers ink MoU on energy storage solutions for telecom infrastructure

Cygni Energy founder and CEO Venkat Rajaraman | Photo Credit: Arrangement Energy-storage technology and manufacturing company Cygni Energy and telecom tower firm Indus Towers have decided to explore collaboration on sourcing energy storage solutions for telecom infrastructure in the country. The collaboration will include plans to establish Battery Energy Storage System (BESS) manufacturing capacity of…

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Vodafone exits Indus Towers; sells shares worth ₹2,800 crore; clears ₹890 crore dues

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Vodafone exits Indus Towers; sells shares worth ₹2,800 crore; clears ₹890 crore dues

Vodafone held 3% stake through its indirect wholly-owned subsidiaries Omega Telecom Holdings Private Limited and Usha Martin Telematics Limited. File | Photo Credit: Reuters “British telecom firm Vodafone has sold its entire stake in Indus Towers for ₹2,800 crore,” the telecom infrastructure firm said on Friday (January 10, 2025.) “Vodafone has sold 7.92 crore or…

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Vodafone plans to sell $2.3 billion stake in Indus Towers, sources say

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Vodafone plans to sell .3 billion stake in Indus Towers, sources say

A man walks across the LED display board showing the logo of Vodafone-Idea. File Photo | Photo Credit: REUTERS Vodafone Group is looking to sell its entire $2.3 billion stake in Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm’s effort to repay…

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