Bharti Airtel gets CCI’s approval to increase stake in Indus Tower to over 50%

The Competition Commission of India (CCI) on Tuesday cleared Bharti Airtel’s proposal to increase its stake in Indus Towers, following a buyback of shares by the telecom infrastructure company.

Indus Towers is a passive telecom infrastructure provider. It deploys, owns, and manages passive telecom infrastructure for various mobile operators.