E-PaperAmerican Tower News
ATC closes deal to buy telecom towers from Vodafone
ATC's deal to purchase Idea Cellular's standalone telecom towers for Rs4,000 crore is yet to be completed
3 min read4 Apr 2018ATC completes Rs3,800-crore mobile tower deal with Vodafone India
ATC Telecom Infrastructure has completed the purchase of Vodafone India's telecom site business, which consists of approximately 10,200 communications sites
1 min read3 Apr 2018Govt awaits Idea-Vodafone tower sale closure for green signal to mega merger
People involved in the Idea-Vodafone merger process said it will be done soon as American Tower Corp. has already applied for govt's permission to make the investment in towers assets of the two companies
2 min read25 Feb 2018ATC seeks merger of India units ahead of Vodafone, Idea tower deals
ATC has sought approval from telecom dept to merge its five India subsidiaries with another arm, ATC Telecom Infrastructure, ahead of its purchase of 20,000 telecom towers Idea Cellular and Vodafone India
2 min read26 Jan 2018Telecom: Firms continue to bear Reliance Jio’s scars
While the relatively small telecom companies are effectively shutting down since the launch of Reliance Jio, the leading firms in the sector are in a far worse financial position
1 min read24 Nov 2017Brookfield, ATC vying for Idea and Vodafone’s tower assets
Brookfield Asset Management and ATC are eying mobile tower assets of Idea Vodafone valued at Rs10,000 crore
1 min read22 Mar 2017Idea Cellular looks to sell tower business in two separate deals
Idea Cellular has initiated talks with Bharti Infratel Ltd and American Tower Corp. to sell its tower assets
2 min read7 Feb 2017American Tower to invest $2 billion more in India: Ravi Shankar Prasad
Union cabinet today cleared American Tower's proposal to buy a 51% stake in Viom Networks
1 min read6 Apr 2016Bharti Airtel to sell 1,350 towers in Tanzania to American Tower Corp
The deal, valued at around $179 million, aims at improving Bharti Airtel's ability to focus on its core business and help reduce debt
1 min read21 Mar 2016News in Numbers | American Tower acquires Viom network for Rs7,635 crore
Along with 42,000 towers belonging to Viom, the combined entity will hold 15% of all mobile towers in India
3 min read22 Oct 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared