American Tower Corporation Atc

Vodafone Idea approves debentures worth Rs 1,600 crore to ATC Telecom Infra

The fresh approval was necessitated as the nod granted by the shareholders had lapsed

Indus Towers accepts Vodafone Idea's payment plan for its dues

Indus Towers posted a net profit of Rs 872 crore in the second quarter of the fiscal year (FY2023) on a revenue of Rs 7,967 crore

Equity issue to govt is precondition for Vodafone Idea debenture issue

Last Friday, firm's Vi decided to issue 16,000 OCDs to American Tower Corporation and raise Rs 1,600 cr. Company has convened EGM on November 21 to approve the plan

Vodafone Idea gets board of directors' nod to raise Rs 1,600 cr from ATC

Board approves issue of debentures

ATC sees huge opportunities in a challenging and competitive market

The firm bought out, recently, Tata group's 12.3 per cent stake in ATC Telecom Tower Infrastructure for Rs 2,480 crore, raising its stake to 91 per cent

US giant American Tower Corporation takes a call on Indian telecom

Other foreign majors are headed for the exit, but ATC sees big potential in tower business