Investment firm Stonepeak has agreed to acquire TeleTower, the tower company carved out of Eastern European operator Bite, in a move aimed at tapping growth in the region’s telecoms infrastructure market.
Just under three weeks after India’s Union Bank froze the accounts of state-run telecom firm MTNL over non-payment of dues, news reports are suggesting that at least half a dozen lenders classified loans to MTNL as non-performi…