India's top mobile operator Bharti Airtel, Vodafone Essar and Idea Cellular in late 2007 had decided to pool their resources and hived off their towers into an independent firm, Indus Towers—the world’s largest tower company with over one lakh towers.

Post the joint venture Vodafone and Bharti held 42% stake each while Idea held 16%.

However, Idea has denied any plans to sell Indus Towers stake.

Source: Money Control