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Brookfield seals $2.5-billion all cash deal to acquire ATC India

The acquisition after months of negotiations marks the Boston-based independent tower companys exit from India. ATC had informed the US Securities and Exchange Commission in February 2023 that it was exploring strategic alternatives, including the sale of an equity stake in its India operations, amid a challenging business environment. ....

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Data Infrastructure Trust | Brookfield to acquire Indian arm of American Tower Corporation in a USD 2.5 billion deal

ATC India has a portfolio of approximately 78,000 sites across India ....

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Brookfield To Buy ATC's India Business For $2.5 Billlion -

(FE) In a mega M&A deal in the telecom tower space, Brookfield Asset Management on Friday said that it will acquire 100% stake in American Tower Corporation’s (ATC) India business for $2.5 billion (Rs 21,000 crore), which includes $2 billion (Rs 16,500 crore) enterprise value along side a ‘ticking fee accruing from October 1, 2023.… ....

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American Tower Corp inks $2.5-bn deal to sell India unit to Brookfield-backed DIT

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 ....

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American Tower Sells Indian Operations for $2.5 bn to Brookfield-Backed DIT

American Tower Sells Indian Operations for $2.5 bn to Brookfield-Backed DIT
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