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iBus Networks acquires Ubico for ₹100 cr - The Hindu BusinessLine


iBus Networks acquires Ubico for ₹100 cr
PTI
New Delhi |
Updated on
April 20, 2021
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This acquisition would enable iBus Networks sharing its neutral IBS and DAS infrastructure with mobile operators
iBus Networks and Infrastructure Ltd on Tuesday said it has acquired Ubico Networks for around ₹100 crore.
iBus has acquired Ubico Networks from Shyam Group in an all-cash deal.
As per the agreement signed, iBus Group has acquired 100 per cent stake in Ubico Networks, its in-building and in-campus neutral-host infrastructure business and all related assets for around ₹100 crore, according to a statement.
Earlier this month, iBus had sold a minority stake to Morgan Stanley India Infrastructure for ₹150 crore ( $21 million). ....

Ram Sellaratnam , Nitin Mehrotra , Ubico Networks , Infrastructure Ltd On , Ibus Networks , Shyam Group , Cbus Group , Infrastructure Ltd , Morgan Stanley India Infrastructure , Mudit Mehrotra , நிடின் மெஹ்ரோத்ரா , உள்கட்டமைப்பு லிமிடெட் ஆன் , ஷியாம் குழு , பேருந்து குழு , உள்கட்டமைப்பு லிமிடெட் , மோர்கன் ஸ்டான்லி இந்தியா உள்கட்டமைப்பு , ஊதித் மெஹ்ரோத்ரா ,