February 18th, 2011 3:01 PM 9 COMMENTS

ICRA Expects Towers Merging With One Another To Remain Competitive

In the backdrop of Indian telecom sector’s phenomenal growth story, ICRA Ltd, expects that telecom tower industry in India will get consolidated with the smaller players either getting acquired by the larger ones or merging with one another to remain competitive. However, the pace of consolidation would depend on the prevailing market conditions; pace of infrastructure rollout by the telcos, especially for 3G and BWA; and the financial flexibility of... Read More

September 17th, 2009 2:29 PM 0 COMMENTS

QUIPPO TELECOM TO INSTALL BUILDING SOLUTIONS AT IGI AIRPORT

Quippo Telecom Infrastructure Ltd today announced that it will be installing Neutral Host Shared In-Building Communication Solution at IGI Airport’s upcoming Terminal 3. The solution will be on active fiber based technology and is first of its kind in the Indian telecom industry for wireless Coverage (GSM, CDMA & UMTS). This would be done with the help of Ericsson as its technical partner. QTIL’s IBS vertical has emerged as a... Read More

August 27th, 2009 5:57 PM 2 COMMENTS

QTIL COMPLETES MERGER WITH TATA TELESERVICE LIMITED

Quippo Telecom Infrastructure Limited (QTIL) sponsored by Kanoria’s of SREI Infrastructure Finance Limited and Wireless-TT Info-Services Limited (WTTIL) the tower arm of Tata Teleservices Limited (TTSL), announced the completion of the transaction of merging the two companies along  the same terms as their announcement in January 2009. Mr. Sunil Kanoria, Vice Chairman & Managing Director,  Quippo Group quoted "There is no change in the deal structure. We will make upfront... Read More

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