The industry body has written letters to 26 states and two union territories seeking relief
All that happened in the markets today
In the earnings department, a total of seven companies including Britannia, Bharti Infratel, and Hathway Cable are scheduled to announce their March quarter results today
Today, IT giant Infosys is scheduled to come out with its Q4 numbers and analysts are penciling in a 1 per cent QoQ hit in its revenue growth in constant currency terms for the quarter
The clash is over Vodafone Idea's 11.5 per cent stake in Indus Towers
The final call on scheme implementation will be taken by the board based on assessment of telecom crisis
The approval comes at a time when the telecom companies stare at Rs 1.47 trillion in unpaid dues in the adjusted gross revenue (AGR) issue
The combination of Bharti Infratel and Indus Towers will create a pan-India tower company with over 163,000 towers
The combination of Bharti Infratel and Indus Towers will create a pan-India tower company with over 163,000 towers, operating across all 22 telecom service areas
The company's profit after tax jumped 23% for the December quarter to Rs 798.7 crore. Its net profit stood at Rs 648.4 crore in the year-ago period
Its net profit stood at Rs 648.4 crore in the year-ago period
In October this year, Bharti Infratel had extended the deadline for merger by two months to December 24.
The merger proposes to create a company with over 163,000 towers having received clearance from the Chandigarh Bench of the National Company Law Tribunal in June, this year
The price hike by Bharti Airtel and Vodafone Idea, however, is a relief given that they are anchor tenants
It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid
The delay in deal will also result in lower payment to Vodafone Idea for its around 11.15 per cent stake
The company has extended the deadline for its merger with Indus Towers by two months till December 24, 2019.
The company during the quarter has reported reduction in co-locations of 1,106 basis exit notices received
The mobile tower arm of Bharti Airtel had recorded a profit of Rs 600 crore in the same quarter a year ago
During the quarter, the company reported reduction in 956 co-locations, which represent the number of base stations per tower