American Tower Corporation

2 comments

Airtel to sell tower assets to American Tower Corporation in Tanzania

Bharti Airtel Monday entered into an agreement with American Tower Corporation for the sale of around 1,350 of its communications towers in Tanzania. Under the agreement, American Tower may acquire up to 100 additional sites currently in development for an additional consideration. Airtel will be the anchor tenant on the portfolio under a lease with a ten-year initial term, the official statement said. “We are extremely pleased to announce our… Read More

2 comments

ATC to Buy Essar Telecom Infrastructure for Rs 2000 Crores

Transcend Infrastructure Limited (TIL) wholly owned Indian subsidiary of American Tower Corporation today announced that they have entered into a definitive share purchase agreement with three Indian companies of the Essar Group to acquire substantially the entire issued share capital of Essar Telecom Infrastructure Private Limited (ETIPL) in an all cash deal. The Transaction values ETIPL at an enterprise value of approximately Rs 2000 crores, and is subject to certain… Read More

WOYT
  • Most Discussed
  • Trending

Subscribe to our email newsletter

Critics/Analysts

Sunny l SaYed Ejaz l SS l VIJAY MISHRA

AKHILESH KUMAR SHUKLA (DTH) l Colorado

Shashikant Mane l SE l Pallab

Recent Comments