Indus puts towers buy from Bharti Hexacom on hold

Indus Towers has paused its acquisition of 3,400 telecom towers from Bharti Hexacom, a Bharti Airtel subsidiary. This decision follows an intimation from Bharti Hexacom, communicated to stock exchanges, putting the sale on hold. Indus Towers had previously agreed to acquire 16,100 towers from both Airtel and Hexacom in a Rs 3,308.7 crore deal.