Aircel in talks to sell towers
New Delhi: Mobile services operator Aircel is in talks with three potential buyers to sell all its 17,500 telecoms towers, Chief Operating Officer Gurdeep Singh told reporters on Tuesday.
Telecom companies in India are looking to save on costs by sourcing infrastructure including mobile masts from peers and independent tower companies as they expand to smaller towns and rural areas of the country.
Aircel is 74 percent owned by Malaysia`s Maxis.
Download the all new Zee News app for Android and iOS to stay up to date with latest headlines and news stories in Politics, Entertainment, Sports, Technology, Business and much more from India and around the world.
More from India
More from World
More from Sports
More from Entertaiment
- Prashant Bhushan questions Arvind Kejriwal on Lokpal through press conference
- PM Modi addresses the nation during Maan Ki baat
- Delhi police arrests BSF personnel, ISI operative for espionage
- Exclusive: Prakash Javadekar's views on issue of climate change before UN summit
- Kerala's Sunni religious leader calls gender equality ‘un-Islamic’
- Women fit only to deliver children, gender equality un-islamic: Kerala Muslim leader
- Russia strikes down Goa, India from its safe travel destinations list
- Intolerance issue: Aamir Khan's remarks 'innocent', says Rajkumar Hirani
- Arvind Kejriwal backs Tarun Gogoi's claim over Guv favouring BJP, suspects 'coop federalism'
- PM Modi leaves for Paris to take part in Climate Conference