Tower infrastructure firm Indus Towers stands to gain the most from Vodafone Idea’s improved cash flow, following the government’s decision to convert telecom firm's spectrum dues into equity.

Bharti Airtel-owned Bharti Hexacom has put on hold its deal to sell 3,400 towers for ₹1,134 crore to Indus Towers, following an intervention by state-owned Telecommunications Consultants India ...