Bharti may hive off telecom facilities Bharti Airtel is looking at hiving off its telecom infrastructure into four companies to attract strategic and financial investors. Telecom infrastructure includes physical...
Temasek eyes big stake in RCL’s TowerCo
Temasek eyes big stake in RCL’s TowerCo Singapore’s state investment arm Temasek is in talks with Reliance Communications (RCL) to pick up equity in TowerCo, its proposed 100% subsidiary, which will hold all...
Indian Airlines to hive off cargo arm
Indian Airlines to hive off cargo arm Hive-off to take place after the merger between Indian Airlines and Air-India. The proposed cargo operations of state-run Indian Airlines will be hived off into a separate company...
Idea gets nod to hive off tower business
Idea Cellular has received the shareholders’ approval for hiving off its towers into a subsidiary — Idea Cellular Towers Infrastructure. This subsidiary will have Idea’s nearly 11,000 towers in nine...