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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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

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

Sensex, Nifty close lower on profit booking ahead of Fed meet outcome; IT drags

"An MoU for the first phase of the work valued at Rs 1,058 crore ... adds. Idea Cellular retained its top position in the buying list of Sensex stocks, up 9.3 percent after sources told CNBC-TV18 that ATC is close to completing buyout of Idea's tower ... read more

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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

Ahead of merger,Voda,Idea sell tower biz to ATC for Rs 7850 cr

Mumbai, Nov 13 () As part of their ongoing merger process, Vodafone India and Idea Cellular today announced sale of their independent telecom tower businesses to ATC Telecom Infrastructure for Rs 7,850 crore in ... Download The Times of India news app ... read more

Vodafone : ATC open for more mobile tower acquisition opportunity

Telecom infrastructure firm ATC will continue to look at acquisition opportunities in the Indian market after completing integration of 20,000 mobile towers of Vodafone and Idea with its business ... billion (around 1.3 lakh crore) in the next two year ... read more

Jio blues: Idea posts 4th straight quarterly loss

New Delhi: Telecom carrier Idea Cellular Ltd posted its ... it noted. Idea and Vodafone have also decided to sell their standalone tower business in India to ATC Telecom Infra for Rs 7,850 crore. Idea will get Rs 4,000 crore (and Vodafone Rs 3,850 crore ... read more

Riding the market momentum? Be careful

For example if the price of an asset was too low, knowledgeable investors would buy it and make a profit. If a particular stock was overvalued, then the stock would be shorted or sold and it would return to its true value. One of the main objections to the ... read more

Bharti Airtel launches Blackberry smartphone

NEW DELHI: Cellular major Bharti Airtel has launched a Blackberry smartphone that allows users to know their exact location, along with its connection. The model, Blackberry 8820 is priced at Rs 31,990 and is also available with Vodafone connections. read more


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