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ALB ASIA JANUARY FEBRUARY 2024 (INDIA EDITION)

JAN FEB 2024 India is poised to sustain its economic growth momentum in the fiscal year 2025, anticipating a growth rate of around 7 percent. The country’s ....

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ALB JANUARY-FEBRUARY 2024 (ASIA EDITION)

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ATC India buyout to lend more ammo to Canada's Brookfield to fight Indus Towers

The recent $2.5-billion buyout of American Tower Corps India unit by Canadas Brookfield will give them more firepower to compete with Indus Towers. Both tower companies are expected to offer new products and aggressive rental deals while negotiating long-term tower contract renewals. This consolidation will result in two dominant towercos in the 3-player telco market, ensuring an overall balance in pricing power. Brookfield s acquisition of ATC India will also boost Reliance Jio s 5G rollout. The combined tower assets of Brookfield and Indus will account for 80% of the sector s tower assets in India. ....

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ATC India buyout to lend more fire power to Canada's Brookfield to fight Indus Towers, ET Telecom

ATC India: Brookfield’s towers are strategically located for pan-India 4G and 5G coverage and are largely connected by fibre backhaul, which provides a unique platform to capitalise on the rollout of 5G and future technologies in both dense urban and remote rural areas. Indus currently operates India’s largest telecom tower network. ....

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Top News This Week: Adani-Hindenburg SC Verdict, India's GDP Projection For FY24, And More

Top News This Week: Adani-Hindenburg SC Verdict, India's GDP Projection For FY24, And More
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