KOLKATA | MUMBAI: Vodafone India and Idea CellularBSE 0.59 % have put their standalone tower sale plans on fast-track by giving formal mandates to investment banks Morgan Stanley and Bank of America-Merrill Lynch to finalise buyers, two people with knowledge of the matter said.
Vodafone, the nation’s No. 2 mobile carrier, asked Morgan Stanley to zero in on a buyer for its 11,000-odd towers while third largest Idea hired Bank of America-Merrill Lynch to seek a buyer for its nearly 9,900...
Tower sale plan of Vodafone, Idea gathers steam ahead of merger
Vodafone, the nation’s No. 2 mobile carrier, asked Morgan Stanley to zero in on a buyer for its 11,000-odd towers while third largest Idea hired Bank of America-Merrill Lynch to seek a buyer for its nearly 9,900...
Tower sale plan of Vodafone, Idea gathers steam ahead of merger