AZB’s Delhi Partner Pervical Billimoria and Mumbai based Partner, Essaji Vahanvati advised American Tower Corporation in its acquisition of Essar Telecom Infrastructure Private Limited..The Rs. 2,000 crore ($ 450 Million) transaction is ATC’s third acquisition in the last one year. The Boston-based mobile phone tower operator had brought out Xcel Telecom and Transcend Infrastructure in ‘09..The acquisition will add about 4,500 towers to ATC’s portfolio of 2,500 towers and it the second-largest independent tower company in India after GTL Infrastructure.
AZB’s Delhi Partner Pervical Billimoria and Mumbai based Partner, Essaji Vahanvati advised American Tower Corporation in its acquisition of Essar Telecom Infrastructure Private Limited..The Rs. 2,000 crore ($ 450 Million) transaction is ATC’s third acquisition in the last one year. The Boston-based mobile phone tower operator had brought out Xcel Telecom and Transcend Infrastructure in ‘09..The acquisition will add about 4,500 towers to ATC’s portfolio of 2,500 towers and it the second-largest independent tower company in India after GTL Infrastructure.