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tower business News
ATC to buy tower businesses of Vodafone, Idea for Rs 7,850 crore
Mon, Nov 13, 2017
Vodafone India and Idea Cellular -- which are slated to merge soon -- have decided to sell their respective tower businesses in India to ATC Telecom Infrastructure for Rs 7,850 crore.
Idea shares jump 12% on tower business demerge talks
Wed, Mar 15, 2017
Idea Cellular is already in talks with Vodafone India for merger to compete with its rivals Bharti Airtel and Reliance Jio.
Debt servicing: Reliance Communications sells tower business to Brookfield Infra for Rs 11,000 crore
Wed, Dec 21, 2016
KEY HIGHLIGHTS: RELIANCE COMMUNICATIONS SIGNS BINDING AGREEMENTS WITH BROOKFIELD INFRASTRUCTURE AND ITS INSTITUTIONAL PARTNERS FOR SALE OF ITS TOWERS BUSINESS
Reliance Communications shares rise as it sells part of telecom tower business
Fri, Oct 14, 2016
As per the term sheet, the specified assets are intended to be transferred from Reliance Infratel Limited (RITL) on a going concern basis into a special purpose vehicle (SPV) to be owned by Brookfield.