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 closes deal to buy telecom towers from Vodafone

ATC executive vice-president Amit Sharma said in a statement. The deal to purchase Idea Cellulars stand-alone towers for Rs4,000 crore is yet to be completed, though. We closed the deal with Vodafone on 31 March. The Department of Telecommunications ... read more

ATC to buy tower businesses of Voda, Idea 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 ... read more

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Brookfield Asset Management in talks to buy towers of Idea, Vodafone

MUMBAI: Canadian alternative asset manager Brookfield Asset Management is in advanced talks with Idea Cellular and Vodafone India to buy the standalone telecom towers business of the ... But you never say never. ATC has been asking for guarantees on ... read more

Airtel sells mobile towers in Nigeria to ATC for $1.05 billion

Telecom operator Bharti Airtel has sold its 4,800 mobile towers in Nigeria to US based American Towers Company for about $1.05 billion in a move to pare debt.In a joint statement, Airtel and ATC annou Telecom ... of Rs 62,215.8 crore. 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

Vodafone cries foul as India slaps tax reminder

New Delhi: Global telecom giant Vodafone has taken exception to the Indian tax department threatening to seize its assets if it fails to pay a disputed demand of over Rs.14,000 crore ... of a 67 per cent share in the mobile phone business of Hutchison ... 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 ... divest non-core assets/towers before ... 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

ATC open for more mobile tower acquisition opportunity

American Tower Company (ATC) has signed an agreement with Vodafone and Idea Cellular to acquire their mobile tower assets for about Rs 7,850 crore. With this acquisition, ATC will become second largest standalone mobile tower company in the country with a ... read more


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