Tata Teleservices Limited (TTSL) has reportedly shortlisted five companies including Essar Telecom, American Tower Company and US giant Carlyle for selling over 40 per cent stake in its tower business.

Tata Teleservices Limited (TTSL) has reportedly shortlisted five companies including Essar Telecom, American Tower Company and US giant Carlyle for selling over 40 per cent stake in its tower business. The Tata group company, is reportedly, not likely to dilute majority stake in the tower business, as was the plan earlier.