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ATC to acquire Tower Vision

ATC to acquire Tower Vision

In the telecom towers business, American Tower Corporation (ATC) is close to acquiring Tower Vision, a standalone telecom tower company owned by a group of international financial investors, for Rs 3,200 crore, a transaction that will enable the US company to significantly scale up its presence in India.

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Airtel for Tower Vision stake

Airtel for Tower Vision stake

Bharti Airtel, along with American Tower Corporation and Carlyle has submitted first round bids for a stake in Tower Vision, an independent telecom tower company.