Bharti Airtel is open to creating a company with rival Vodafone Idea to jointly own their fibre networks, which could be monetised to raise funds to drive growth as it seeks to regain revenue leadership by March-end, senior company executives said.
“We will be delighted to share and create one company. We have already built a lot of fibre with Vodafone Idea and over the past two years, a lot of sharing has happened between the two companies,” a top company official said.
The official said the plan is essentially to co-own it with the competition, along the lines of Indus Towers, India’s largest telecom tower company that is jointly owned by Bharti Infratel and Vodafone Idea.
Source: Economic Times
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