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Vvodafone India, Idea Cellular to sell standalone tower businesses in India to ATC Telecom Infrastructure


Monday, 13 Nov 2017 

Nov 13 (Reuters) - VODAFONE GROUP PLC ::‍VODAFONE INDIA & IDEA - SALE OF STANDALONE TOWERS​.‍VODAFONE INDIA, IDEA CELLULAR TO SELL STANDALONE TOWER BUSINESSES IN INDIA TO ATC TELECOM INFRASTRUCTURE FOR ENTERPRISE VALUE OF INR78.5 BILLION​.‍IDEA WILL SELL ITS ENTIRE STAKE IN ICISL AND VODAFONE INDIA WILL SELL A BUSINESS UNDERTAKING TO ATC TIPL​.