Telecom Towers & Infra consolidation continues – Reliance Infratel inks in deal with GTL Infra – 80,000+ tower company
By Manoj Govindassamy at 28 June, 2010, 1:04 pm
ADAG’s mobile infrastructure company Reliance Infratel and GTL Infrastructure has agreed upon Rs. 50,000 crore deal, by which telecom towers of both these companies..any telecom operators….The combined entity will have over 80,000 towers (50,000+ from Reliance Infratel and 30,000+ from GTL Infra) and will be tower home to telecom operators like Reliance Communication (obvious), Aircel (because Aircel tower business was bought by GTL recently), Tata Teleservices and various other new players like Stel, MTs, Uninor, Videocon….
Read More >>Essar Telecom Infra bought over by American Towers’ Transcend Infra – More consolidation in Telecom Towers business
By Manoj Govindassamy at 25 February, 2010, 1:39 pm
..Transcend Infrastructure Ltd (TIL) the subsidy of American Towers Corporation (ATC) is taking over Essar Telecom Infrastructure in an all cash deal and making a tower valuation of around 45 lakhs which is same as the previous GTL-Aircel deal. To get this deal done, Transcend has entered into share purchase agreement with three Indian companies of the Essar Group ….Seems, ATC is constantly expanding its tower portfolio. With the latest deal, ATC has got 3 indian tower companies in its kitty and has installation base … increase its network coverage and launch new technologies like 3G and WIMAX..
Read More >>Telecom Towers and Tower Companies Consolidation in India – Indus Towers, Bharti Infratel, Reliance Infratel, Tata-Quippo, Aircel
By Manoj Govindassamy at 20 November, 2009, 7:13 am
Telecom Towers being the integral part of any mobile network infrastructure, have you ever wondered why your Telecom Provider have not installed enough Towers in every village and Highways in the country ?… Nevertheless, small telecom companies are finding very difficult to own and operate towers.The all-India tele density is around 45 percent, while the same is just 15 percent in rural India, implying a huge untapped market…. Reliance Telecom Infrastructure, the newly hived off telecom tower unit from Reliance communication is fast ramping up in Tower installation and sharing with other new players.Indus Towers, a joint venture of Vodafone (42%), Bharti Airtel (42%) and IDEA (16%) is fast growing and already has more than 1,00,000 Towers up and running and claiming itself to be the World’s largest Tower company by installation units.Quippo Telecom has acquired Spice Telecom’s tower business and Tata Teleservices Tower Business Unit is merged into it.American Tower Corp has acquired Xcel Telecom towers for 700 crores.Meanwhile, one of the fastest growing mobile networks in India – Aircel, has planned to exit its tower infrastructure operations completely by selling it off to one of the Tower Infrastructure companies….
Read More >>
