American Tower Corp has emerged as the front-runner for a majority stake in Viom Networks with an offer of about Rs 19,000 crore. American Tower´s latest bid of about Rs 19,000 crore includes taking over debt of Rs 6,500 crore. Viom´s promoters are seeking Rs 20,000 crore. The ATC offer pegs the price of each tower at Rs 30 lakh compared with Rs 50 lakh sought by Viom´s owners.
FlashNews:
India’s Infrastructure Investments to Surge 50% Despite Global Uncertainties: Crisil Ratings
Future of Himalayas White Paper Calls for Systemic Shift in Development and Resilience
Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Siemens Ushers in Industrial AI Transformation with Eigen Engineering Agent at Hannover Messe
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
Polaris Smart Metering Secures $80 Million BII Financing to Accelerate India’s Smart Meter Rollout
Delhi Airport Unveils Multi‑Lingual Passenger Guide Under #DELCares
POWERGRID Wins Green World Award 2026 for Climate Change Excellence
Reflections for Safer Roads: The Science of Conspicuity
JAKSON Group Unveils Five Energy Solutions, Eyes Over ₹90 Billion Growth for FY2026‑27
Star Air Launches 70 Weekly Flights, Introduces First‑Ever Direct Mundra-Delhi NCR Route
India’s Data Centre Market to Double, Crossing $22 Billion by 2030: Vestian
“RVNL Delivers 17,000 km Rail Projects, Executes ₹2 Trillion Infrastructure:” Railway Board CEO
Qatar Pledges Deeper Energy Ties with India During Puri’s Doha Visit
IRB Group Reports ₹8.3 Billion FY2026 Toll Revenue, Secures 10% National Share
India and Bhutan Sign Tariff Protocol for Punatsangchhu‑II, Strengthening Hydropower Partnership
IndiGo, Digi Yatra and BIAL Pioneer India’s First International Contactless Travel Trials with IATA
India-Bhutan Hydropower Push: Minister Manohar Lal’s 4-Day Visit to Drive Projects, Trade
India Slashes Airport Charges to Shield Domestic Airlines from ATF Surge Amid West Asia Conflict
Home » American Tower Corp in race for Viom
American Tower Corp in race for Viom
Technology
September 1, 2014September 1, 2014


Leave a Reply
You must be logged in to post a comment.