TTSL is reportedly planning to divest 20 per cent stake in its yetto-be-formed passive infrastructure company. The company is in talks with Singapore's state investment arm Temasek, which currently holds a 10 per cent stake in TTSL, and some other private equity players for the same. TTSL recently announced that it was planning to hive off its infrastructure business, which consists of all its wireless towers and other related telecom infrastructure, into a separate entity. However, TTSL intends to hold a majority stake in the new entity. If the agreement with Temasek materialises, it could be one of the largest private equity deals in India.