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BROOKFIELD TOWER BUSINESS
Mumbai’s skyline is soaring. So is the pressure on housingMumbai's booming real estate market sees global financial giants occupying luxury towers while low-income residents like taxi driver Ramu V...
Brookfield concludes ATC India buyout, pips Indus to become India’s top tower companyBrookfield Asset Management, along with partners, has completed the acquisition of American Tower Corp’s India unit, making it the largest ...
ATC India buyout to lend more ammo to Canada's Brookfield to fight Indus TowersThe recent $2.5-billion buyout of American Tower Corp’s India unit by Canada’s Brookfield will give them more firepower to compete with Ind...
Brookfield seals $2.5-billion all cash deal to acquire ATC IndiaThe acquisition after months of negotiations marks the Boston-based independent tower company’s exit from India. ATC had informed the US Se...
Brookfield Properties leases 3.5 lakh sq office space at Equinox Business ParkThe company has leased the space to Boston-headquartered State Street Corporation, US conglomerate Hasbro, American-Canadian digital media ...
Reliance Industries may sell Jio infra assets to reduce debtJio plans to take certain infrastructure assets out of the balance sheet as part of the de-leveraging exercise.
Brookefield calls off Reliance Communications deal after Aircel merger falls throughThe asset management company added that it was being 'patient' in pursuing the RCom deal and 'several other potential opportunities in this...
Reliance Communications withdraws tower demerger scheme from NCLTIn a statement Wednesday, the Anil Ambani-owned telco said it will file a fresh scheme of demerger of the towers of Reliance Infratel befor...
Brookfield may revive RCom deal planCanadian investor Brookfield will still try to salvage its acquisition of RCom towers at a revised price after RCom’s merger talks with Air...
Brookfield joins race for Vodafone, Idea stakes in Indus TowersIndus is a three-way JV between Vodafone, Bharti Infratel and Idea. Voda and Bharti own 42% each while Idea owns 11.15%. US' Providence own...
NSR’s Chachondia may helm Brookfield’s tower businessLate December, Brookfield had agreed to buy 100% equity in TowerCom Infrastructure, the SPV in which RCom has hived off its telecom towers.
Reliance Communications to finalise 3 deals, including merger with Aircel, by mid-2017The Anil Ambani-led telecom company agreed to sell a 51% stake in Reliance Infratel, the company’s tower unit, to Canada’s Brookfield Group...
Ex-Viom chief Syed Safawi may head Brookfield Asset’s tower venture in IndiaSafawi is likely to assume the reins as the managing director and CEO of the Canadian asset manager’s tower infrastructure special purpose ...
RCom demerges towers into Towercom Infrastructure; to be wholly owned by BrookfieldThe move comes a day after the Anil Ambani led telco signed a deal with Brookfield Group to sell a 51% stake in the telecom company’s tower...
RCom rating on review for downgrade despite tower deal: Moody'sThere is still a lack of clarity on the cash flow generating capabilities of some of RCom's remaining businesses -- namely the enterprise a...
Reliance Communication signs binding pact with Brookfield for $1.6 bn tower stake saleAs per the agreement Anil Ambani owned firm will enjoy certain information and other rights, but will not be involved directly or indirectl...
Brookfield set to seal Rs 11,000 crore RCom tower deal this weekThe Canadian fund manager, the second biggest alternate asset manager in the world, will acquire a 51% stake in the SPV while RCom will hav...
Reliance Com signs term sheet with Brookfield to sell 51% stake in tower unit for Rs 11,000 crRCOM and Brookfield expect considerable growth in tenancies based on increasing 4G offerings by all telecom operators, and the fast acceler...
Brookfield set to buy majority stake in Reliance Communication towers; Anil Ambani to stay on as minority partnerSources say, valuations have already been revised from an earlier Rs 21,500 crore, Brookfield is valuing the portfolio at around Rs 16,500 ...
Brookfield Asset Management eyes Reliance Communications’ tower companyRCom, the country’s fourth-largest telco, has been seeking to pare its mammoth debt, pegged at Rs 42,000 crore.