Vi, 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...

American Tower Corp. informed SEC about $402 million goodwill impairment charges in 2023, linked to business challenges in India. The tower...

The acquisition after months of negotiations marks the Boston-based independent tower company’s exit from India. ATC had informed the US Se...

Tata Tele will also sell 13%, or half of its 26% holdings, in ATC Telecom Infrastructure Pvt Ltd (ATC TIPL).

The sale was done via the Kumar Mangalam Birla-owned telco divesting its entire stake in Idea Cellular Infrastructure Services, a 100% subs...

Last month, the government had cleared Vodafone India’s sale of its 10,926 captive towers to ATC for Rs 3,850 crore.

ATC Telecom Infrastructure had signed a pact with Vodafone India and Idea in November 2017 to buy their standalone towers for Rs 7,850 cror...

Company said that it has reduced the midpoint of its full year 2018 outlook for property revenue, net income, and adjusted EBITDA by $60 mi...

2018 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...

This is a previously announced acquisition of Vodafone India's telecom site business, which consists of approximately 10,200 communications...

ATC 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.

The 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...

American Tower Company (ATC) has signed an agreement with Vodafone and Idea Cellular to acquire their mobile tower assets for about Rs 7,85...

Senior ATC executives, and their counterparts in Idea and Vodafone India, are camping in Mumbai, finalising the contours of the deal.

An ATC spokesperson said the company “does not comment on market speculation.” Idea did not respond to ET’s queries as of press time.

The Aditya Birla flagship had reorganised its telecom towers portfolio last year with an eye on monetising the business.

Viom’s enterprise valuation is around Rs 18,000-19,000 crore, which includes over a billion dollars (Rs 6,500 crore) of debt.