The lenders to Icomm Tele Ltd, led by Axis Bank Ltd, are considering splitting the Hyderabad-based engineering company’s two main business lines—telecom towers and defence equipment—into separate companies, before selling stakes in both, two people familiar with the matter said on condition of anonymity.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
