Canada’s Brookfield set to Acquire ATC India for USD 2.5 bn!

International

New Delhi, January 5 (Language) Canada-based Brookfield is all set to acquire the Indian business of American Tower Corporation in a mega deal worth US $ 2.5 billion. ATC India also includes an enterprise value of US$2 billion and a 'damage institute charge' with a lease effective from October 1, 2023.


      Following the acquisition, Brookfield will become India’s largest tower company with 2.53 lakh towers.

      Reliance Jio Infocomm Limited (RJIL) is the anchor client of Brookfield whereas Vodafone Idea Limited (VI) is the anchor client of ATC.

      Canada’s Brookfield set to Acquire ATC India for USD 2.5 bn

 

     


About Canada:

Prime minister: Justin Trudeau
Capital: Ottawa
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