Axiata mulling Idea Cellular tower purchase - Mobile World Live

Axiata mulling Idea Cellular tower purchase

08 JUN 2012

South-East Asian operator group Axiata has approached Indian operator Idea Cellular regarding the potential acquisition of more than 8,000 towers as it looks to boost its international business, reports the Times of India. According to banking sources, Axiata – which has a 20 percent stake in Idea Cellular – is looking to merge the Indian company's towers to create a unified tower business across seven markets. 


Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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