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ATC TELECOM INFRA
ATC Telecom Infra sells 2.8% stake in Voda Idea for ₹1,840 croreATC Telecom Infrastructure sold a 2.8% stake to Vodafone Idea, worth ₹1,840 crore, in an open market transaction. Citigroup Global bought s...- Brookfield to buy ATC Indian business for $2 billion, signing todayI Squared Capital had signed exclusivity with ATC late last year to acquire finalising the terms to acquire around 65% stake in ATC Telecom...
- I Squared Capital set to buy majority in ATC India towers bizET was the first to report in its August 23 edition that the two sides had entered into a 60-day exclusivity agreement for bilateral negoti...
- I Squared closes in to buy ATC's India telecom towers for $1.5-$2 bnThe two sides have entered into a 60-day exclusivity agreement for bilateral negotiations that could end in ATC selling a minimum of 51% in...
- Voda Idea issues 12,000 OCDs to ATC Telecom InfraOn Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This...
- Telcos' dues, penalties to weigh heavily on vendors, tower cosBharti Infratel, Indus Towers and American Tower Corp (ATC) are bracing for a possible hit on their tower tenancies, because of the financi...
- ATC buys out Tata’s 13% in Indian tower ventureThe Rs 2,500 crore deal marks the exit of Tata Group from the consumer mobility and related businesses.
- Tower Companies brought under regulatory netThe industry welcomed the move, which it said would help infrastructure providers to set up the base for future technologies including 5G.
- ATC moves to Delhi High Court to recover Rs 224 crore dues from AircelThe Delhi High Court will hear the matter to decide if GTL Infra’s plea that Aircel should deposit money in court is valid.
- Post shake-out in India's telecom sector, only three tower players may remainBharti Airtel, a Vodafone-Idea Cellular combined entity and Reliance Jio Infocomm are likely to be the only three strong players after the ...
- Brookfield, American Tower Corp & infrastructure fund of IDFC bid for 11,000 towers of Vodafone India“The bids were submitted recently and the company will enter into an exclusivity agreement with one of the bidders,” said one of the two pe...
- Srei Infrastructure Finance keen to buy telecom tower assets in EMsSrei Infrastructure Finance is looking at opportunities to acquire telecom tower assets in emerging markets overseas while equally explorin...
- Open for more acquisitions across Asia: Amit Sharma, American Tower CompanyATC has signed pact to acquire 51 per cent in Viom Networks at total enterprise value of around Rs 21,000 crore, including debt of about Rs...
- Srei Infra rallies; American Tower Corp set to acquire group's stake in Viom NetworksShares of Srei Infra gained about 8% in trade on Monday on reports that it will completely sell its stake in Viom Networks.
- Mobile towers installation to touch 4,20,000 by FY'17: ReportAnalysys Mason expects 3G coverage will reach villages with a population of greater than 5,000 after a few years, amounting to about 19,000...
- ATC Telecom Tower Corp approaches TDSAT to recover dues from Etisalat DBATC Telecom Tower Corp has approached TDSAT to recover its dues from Etisalat DB, which has closed operations after cancellation of its lic...
- ATC not eyeing Reliance Communication's tower assetReliance Communications' plans to sell its 50,000 towers asset seem to have reached another roadblock. American Tower Corporation is not ey...
- Consolidation play: TowerVision explores sell-outGurgaon-based independent telecom tower firm TowerVision India, owned by Israeli investor Fore Group, private equity firm Quadrangle and Mo...
- Essar tower co settles for stake saleEssar Group plans to sell a stake in Essar Telecom Infrastructure after three unsuccessful attempts to merge the company with larger rivals.
- US giants slug it out for Aircel's tower businessThe great American rivalry in the wireless tower business is here. The largest cellphone tower company in the US, Crown Castle Internationa...
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