January 4, 2018 / 10:44 AM / 18 days ago

BRIEF-GTL Infrastructure Expects To Reduce Costs By 250 Mln Rupees/Month By June

Jan 4 (Reuters) - GTL Infrastructure Ltd:

* EXPECTS TO REDUCE COSTS BY UP TO 250 MILLION RUPEES A MONTH IN RELATION TO DISCONTINUED TENANCIES BY JUNE 2018

* EXPECTS FURTHER IMPACT OF 9,000-11,000 TENANCIES ON ACCOUNT OF VODAFONE-IDEA MERGER AND AIRCEL ISSUES OVER NEXT 12-18 MONTHS

* EXPECTS TO ADD 5000 TENANCIES DURING APRIL 2018 TO MARCH 2019 Source text for Eikon: Further company coverage:

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