Tata Tele Maharashtra to hive off passive tower business

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New Delhi, Apr 10 (UNI) Tata Teleservices Maharashtra Ltd today said its Board has approved hiving off of passive tower infrastructure undertaking to a wholly - owned subsidiary of the company.

The proposed slump sale of tower wndertaking is subject to approval of the shareholders by postal ballot and receipt of necessary approvals, consents, permissions and/or sanctions, said a statement.

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