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Jul 22, 2014
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Axiata, Carlyle, Providence and ATC shortlisted for buying stake in Tata Teleservices' Viom Networks
Malaysian telco Axiata, PE funds Carlyle and Providence, and tower company American Tower have been short-listed as potential stake buyers in Tata Teleservices-controlled Viom Networks, which could lead to a change in ownership at the telecom tower company. Viom is the country's largest independent tower company.It has 40,000 towers with an equity valuation of close to Rs 13,000 crore and an enterprise valuation of roughly Rs 20,000 crore, people familiar with the matter told ET.
Source -
http://finance.indiaeveryday.in
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