Stay updated with breaking news from Data Infrastructure. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Since launching operations in India in 2007, ATC India’s portfolio has expanded to approximately 75,000 towers. The firm has a national presence and services all major telecom service providers in the country
Canada's Brookfield Asset Management will buy American Tower's Indian operations for $2.5 billion.
Telecom tower operator American Tower to sell India operations to Brookfield for $2.5-billion
The deal, one of India's largest-ever telecom infrastructure deals, will be Brookfield's third such acquisition in its four years in the country and marks American Tower's exit after 16 years. American Tower has been considering selling its India operations for nearly a year due to the inability of its top client Vodafone Idea to clear dues and recently took a roughly $322 million writedown on the value of the business.
Since launching operations in India in 2007, ATC India’s portfolio has expanded to approximately 75,000 towers. The firm has a national presence and services all major telecom service providers in the country