Searched for
ATC IDEA DEAL
ATC takes $1.2 bn hit in India exit deal with BrookfieldAmerican Tower Corporation (ATC) reported a $1.2 billion loss from selling its Indian subsidiary, ATC Telecom Infrastructure Pvt Ltd (ATC-T...- 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...
- ATC India asks Vi to convert big chunk of debentures into equityVi, a telecom joint venture between UK's Vodafone Group Plc and India's Aditya Birla Group, said it is taking suitable steps to make the al...
- ATC logs $322 mn India goodwill impairment charge for 2023American Tower Corp. informed SEC about $402 million goodwill impairment charges in 2023, linked to business challenges in India. The tower...
- 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...
- Tata Tele to pay ATC Rs 2,370 crore as settlement for winding up rentalsTata Tele will also sell 13%, or half of its 26% holdings, in ATC Telecom Infrastructure Pvt Ltd (ATC TIPL).
- 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...
- American Tower Corporation cuts 2018 outlook on Indian telecom market woesCompany said that it has reduced the midpoint of its full year 2018 outlook for property revenue, net income, and adjusted EBITDA by $60 mi...
- 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.
- Tata Teleservices likely to offer 26% stake to JV partner in lieu of penaltyThe 25,000 tenancies on the Viom network are locked in for six years, while 5,000 on the ATC India network are for three years, the sources...
- ATC open for more mobile tower acquisition opportunityAmerican Tower Company (ATC) has signed an agreement with Vodafone and Idea Cellular to acquire their mobile tower assets for about Rs 7,85...
- 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.
- ATC leads race for Idea Cellular’s telecom towersThe Aditya Birla flagship had reorganised its telecom towers portfolio last year with an eye on monetising the business.
- American Tower Corp set to pick up 51% in tower company Viom for $1 billionViom’s enterprise valuation is around Rs 18,000-19,000 crore, which includes over a billion dollars (Rs 6,500 crore) of debt.
Load More
