ATC to buy Vodafone, Idea Cellular tower assets for ₹7,850 crore | RSS News Feed

ATC to buy Vodafone, Idea Cellular tower assets for ₹7,850 crore - Latest News

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Vodafone, Idea to sell telecom tower assets to ATC for $1.2 billion

It will have revenue of Rs81,600 crore and an operating profit of Rs24,400 crore. Together, Idea Cellular and Vodafone ... tower assets in two separate deals thereby marking its complete exit from the tower business in which ATC had emerged the frontrunner ... read more

ATC to buy Vodafone, Idea Cellular tower assets for ₹7,850 crore

On Monday, American Tower Corporation (ATC ... non-core assets. We are starting with the towers. We need to strengthen our balance sheet,” Idea Cellular Managing Director Himanshu Kapania told BusinessLine. Vodafone India will get ₹3,850 crore from ... read more

ATC to buy Voda, Idea towers for Rs 7,850 cr: What this means for industry

A subsidiary of American Tower Corporation (ATC) on Monday signed an agreement to buy 20,000 mobile towers owned by Vodafone India and Idea Cellular for ... the sale of its tower assets for part-payment of its Rs 40,000-crore debt. The valuation of tower ... read more

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ATC to buy 20,000 Vodafone, Idea towers for over $1 billion EV

KOLKATA|MUMBAI: Boston-based American Tower Corp (ATC) is set to buy 20,000-odd standalone towers of Vodafone India and Idea Cellular ... Brookfield Asset Management and Morgan Stanley declined to comment. The roughly Rs 7,000-crore enterprise valuation ... read more

Buy Lakshmi Electrical Control: SP Tulsian

Anuj: Your thoughts on Idea Cellular because that is the fresh news and in the pre-open the stock is up 10 percent? A: This was been talked that Idea and Vodafone both will be looking to monetise their tower business and in fact ATC has been able to score ... read more

American Tower Buys Vodafone And Ideas Telecom Towers For $1.2 Bn

The US based telecom infrastructure company American Tower is acquiring the telecom towers of Vodafone India and Idea Cellular for $1.2 Billion or Rs 7850 crore ... ATC Telecom acquires tower business of Vodafone, Idea Cellular f.. 11/13 American Tower To ... read more

Voda, Idea to sell tower assets to ATC for Rs 7,850 crore

Vodafone India and Idea Cellular on Monday said they will sell their tower assets to America Tower Corp (ATC) for a total consideration of Rs 7,850 crore. Both the telecom companies are in the process of merging their operations, which is expected to be ... read more

Idea Cellular, Vodafone India to sell towers business to ATC Telecom

Vodafone India and Idea Cellular on Monday separately agreed to sell their respective standalone tower businesses in India to ATC Telecom Infrastructure Private Limited (formerly Viom) for an aggregate enterprise value of Rs 7,850 crore ($1.2 billion), a ... read more

Idea, Vodafone India to sell tower business to ATC Telecom Infrastructure

The Kumar Mangalam Birla led Idea Cellular ... Vodafone India have separately agreed to sell their respective standalone tower businesses in India to ATC Telecom Infrastructure Private Limited (ATC TIPL) for an aggregate enterprise value of ₹7850 crore ... read more

Vodafone, Idea To Sell Tower Businesses To ATC For Rs 7,850 Crore

New Delhi: Vodafone India and Idea Cellular - which are slated to merge soon - have decided to sell their respective tower businesses in India to ATC Telecom Infrastructure for Rs 7,850 crore. In a joint statement, the two companies said Idea will sell its ... read more


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