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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...
ATC Telecom Infrastructure exits Vodafone Idea; sells entire stake for Rs 1,840 crAccording to the bulk deal data available on the National Stock Exchange (NSE), ATC Telecom Infrastructure Pvt Ltd sold a total of 144 cror...
Vodafone Idea completes issuance of OCDs to ATC“With this, the entire transaction of issuance and allotment of 16000 OCDs to ATC, as approved by the shareholders of the Company at its Ex...
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...
Vi issues 12,000 OCDs to ATCOn Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This...
Vodafone Idea shareholders approve convertible debentures issue to ATC“An Extra-ordinary General Meeting ("EGM") of the Company was held on Saturday, 25th February, 2023 at 4:00 p.m. (IST) through Video Confer...
Vi approves preferential issue of debentures worth Rs 1,600 crore to ATCVodafone Idea is ATC's largest customer in India. Following the announcement, the stock closed 5.15% higher at Rs 7.15 apiece on NSE.
Vodafone Idea jumps over 10% ahead of board meeting to mull fundraiseWe wish to inform you that a meeting of the board of directors of the company is scheduled to be held on Tuesday, 31st January 2023, in rel...
Vodafone Idea, ATC agree to extend Rs 1,600 cr debentures date till Feb 28Vodafone Idea's proposal to issue Rs 1,600 crore debentures to mobile tower vendor ATC Telecom Infrastructure has lapsed in the absence of ...
Voda Idea to raise Rs1,600 cr via issue of convertible bonds to ATC, to repay tower firm's duesThe cash-strapped telco will issue the debentures “having a face value of Rs. 10,00,000 each, in one or more tranches, aggregating up to Rs...
Idea completes sale of 9,900 towers to ATC for Rs 4,000 croreThe sale was done via the Kumar Mangalam Birla-owned telco divesting its entire stake in Idea Cellular Infrastructure Services, a 100% subs...
Closure of Idea-ATC $615-million tower deal likely next weekLast month, the government had cleared Vodafone India’s sale of its 10,926 captive towers to ATC for Rs 3,850 crore.
DoT clears Rs 4,000 crore Idea-ATC mobile tower sale dealATC Telecom Infrastructure had signed a pact with Vodafone India and Idea in November 2017 to buy their standalone towers for Rs 7,850 cror...
Tower industry to see significant growth in 2020: ATC Asia President2018 will be a difficult year for the industry since there is shrinkage of tenancies. But, 2019 onwards there will be revival and in 2020 w...
ATC completes Rs 3,800-crore mobile tower deal with Vodafone India, Idea pact expected by MayThis is a previously announced acquisition of Vodafone India's telecom site business, which consists of approximately 10,200 communications...
Government awaits Idea-Voda tower sale closure for green signal to mega merger: SourcesATC will pay a total of Rs 7,850 crore for purchasing Idea (Rs 4,000 crore ) and Vodafone's (Rs 3,850 crore) mobile towers.
American Tower Corp eyeing more tower assetsVodafone India and Idea, the second and third-largest carriers that are in the process of merging their businesses to create the country’s ...
Vodafone India, Idea to sell tower businesses to ATC for $1.2 billionAt the time of announcement of merger in March, both telcos revealed their intention to sell their individual standalone tower businesses t...
ATC to buy 20,000 Vodafone, Idea towers for over $1 billion EVSenior ATC executives, and their counterparts in Idea and Vodafone India, are camping in Mumbai, finalising the contours of the deal.
ATC sets tenancy condition to Idea tower dealAn ATC spokesperson said the company “does not comment on market speculation.” Idea did not respond to ET’s queries as of press time.