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Idea Cellular, Vodafone India to sell standalone tower business to ATC Telecom Infrastructure for enterprise value of 78.5 bln rupees‍​


Monday, 13 Nov 2017 

Nov 13 (Reuters) - Idea Cellular Ltd ::Approved sale of co's standalone tower business held by Idea Cellular Infrastructure Services to ATC Telecom Infrastrucure Pvt Ltd‍​.Sale expected to be completed during first half of 2018.Vodafone India & co separately agreed to sell their standalone tower business in India to ATC Telecom Infrastructure for enterprise value of 78.5 billion rupees.Vodafone India will sell a business undertaking to ATC TIPL.