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Wireless

Idea Cellular completes sale of tower business to ATC

Friday 1 June 2018 | 08:11 CET | News
Indian operator Idea Cellular has announced the completion of the sale of its pan-India standalone tower business, by way of divesting its entire stake in ICISL (100% subsidiary of Idea), to ATC Telecom Infrastructure. The transaction has been closed with an enterprise value of INR 40 billion for around 9,900 standalone towers.

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Categories: Mobile & Wireless
Companies: Idea Cellular / Vodafone India
Countries: India
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