Firm advised Bharti and its affiliates in the sale of its passive infrastructure business (comprising of approximately 1,100 telecom towers) to IHS Holding Limited’s affiliates/subsidiaries (“IHS”).

Bharti Airtel Limited (“Airtel”), a leading global telecommunications services provider with operations in 20 countries across Asia and Africa [through its subsidiary company Bharti Airtel International (Netherlands) BV (“Airtel”)], and IHS Holding Limited (“IHS”), the largest mobile telecommunications infrastructure provider in Africa, today announced an agreement under which IHS will acquire over 1100 telecoms towers across 2 countries. AZB & Partner’s team comprised of Partner Gautam Saha and Senior Associates Dushyant Bagga.