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:
IndiGo to Begin Guwahati-Bangkok Flights, Expanding Northeast India’s Global Reach
Suhora Technologies Launches Open Satellite Platform to Support Nepal Flood Response
WABAG Wins RIL Repeat Order for Advanced ETP at Jamnagar
Homegrown Airtel Cloud Seeks to Support India’s Sovereign Manufacturing AI
Air India’s VT‑AWD Dreamliner Arrives After Completing 500 Checks
RVNL Secures ₹90.3 Billion Order for Rail Connectivity to Buxar Thermal Power Project
Air India and IHG Hotels & Resorts Forge Loyalty Partnership
RVNL Emerges Lowest Bidder for ₹40.49 Billion EPC Package in Odisha
ISRO’s GSLV-F17 Launches EOS-05, India’s First Geosynchronous Imaging Satellite
Inox Wind Secures ₹7.55 Billion Repeat Order from Indian Oil
FLY91 Signs $1 Billion ATR Order to Drive Regional Aviation Growth
Esri Launches Linux‑Based GeoSARAL to Tap India’s Expanding GIS Market
Tata Power Commissions 400 kV Jalpura-Khurja Corridor to Strengthen NCR Grid
UrbanVault Expands into Chennai with 100,000 Sq. Ft. Across Three Properties
Naidu Chairs High‑Level Committee to Strengthen Aircraft Leasing and Financing
Windergy India 2026: Wind Sector Targets 100 GW with Manufacturing, Offshore and Repowering
RVNL Charts Diversified Growth with Strong Order Book and Execution
Air India Express Unveils New Uniforms Inspired by India’s Cultural Heritage
NHAI Tightens AI-Machine Construction Norms
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.