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 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

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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

After Vodafone and Idea Cellular, ATC telecom is looking towards more opportunities for acquisition

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

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

Tower stake sale may pare up to 90,000 cr telecom debt: Icra

The telecom industry could pare as much as Rs 90,000 crore debt if stake sale deals of mobile tower assets, currently being discussed, materialise, credit rating firm Icra said today. It predicted structural and material changes for the telecom tower ... read more

Vodafone Group CEO downplays concerns about subscriber market share loss

MUMBAI: Vodafone Group CEO Vittorio Colao downplayed concerns about subscriber market share loss to Bharti Airtel in the lead up to the merger of its Indian arm with Idea Cellular ... of its captive towers to American Tower Corp (ATC) — may not be ... read more

MRF, Bombay Dyeing, Titan, ICICI Prudential Life hit new 52-week high; Idea Cellular gains 10% on tower business sale buzz

... of tower business by Idea Cellular is seen as a positive sign for the Aditya Birla Group company. "The sale of the towers business to ATC will help Idea monetize some of its assets ahead of the proposed merger with Vodafone. It is expected that the ... read more

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