Bharti Infratel board meet on June 11 to take final call on Indus merger

Kolkata: Bharti Infratel’s board will meet on June 11 to take a final call on its big-ticket merger deal with Indus Towers that will pave the way for creating one of the world’s biggest telecom tower companies with 1,69,000 towers.

“The board of directors in its June 3 meeting, inter-alia, took note of the status of scheme of arrangement between Indus Towers and Bharti Infratel, (and it) has decided to meet on June 11 to take the final decision on the matter, keeping in mind the best interest of the company and its stakeholders,” Bharti Infratel said in an exchange filing Thursday.