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Vodafone and Canada's CDPQ in talks for $1.52bn Indus Towers stake sale

In its latest quarterly results, Indus Towers reported a 34% drop in Consolidated EBITDA and a 66% tumble in net profitability.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

August 22, 2022 | 6:42 AM BST

Vodafone and Canada's CDPQ in talks for $1.52bn Indus Towers stake sale

Bimal Dayal, Managing Director and CEO, Indus Towers. Source: Indus Towers

The Tech Capital

Canadian pension fund Caisse de depot et placement du Quebec (CDPQ) is in talks with Vodafone Plc to buy a 21% stake in Indus Towers, formerly known as Bharti Infratel Limited.

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João Marques Lima

Founder and Editor, The Tech Capital

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