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Bharti Airtel, Hexacom To Sell 16,100 Telecom Towers To Indus Towers For Rs 3,309 Crore

Bharti Airtel Ltd. and Bharti Hexacom Ltd. will sell a total of 16,100 telecom towers to their subsidiary Indus Towers Ltd. by way of slump sale, according to exchange filings that came out on Thursday.

Bharti Airtel will transfer around 12,700 towers for up to Rs 2,174.6 crore, while Bharti…

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