Bharti Infratel

The board of Bharti Infratel, a subsidiary of Indian telco Bharti Airtel, has approved the merger with Indus Towers on August 31.

MUMBAI (Apr 25): Bharti Airtel agreed to merge a unit with closely held Indus Towers in a deal that creates a US$14.6 billion ($19.4 billion) telecom tower operator that would be the largest outside China.