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American Tower Corp in race for Viom

American Tower Corp in race for Viom
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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 TowerÂÂīs latest bid of about Rs 19,000 crore includes taking over debt of Rs 6,500 crore. ViomÂÂīs 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 ViomÂÂīs owners.

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