"Brookfield Acquires American Tower's India Operations for $2.5 Billion"
TL;DR Summary
American Tower Corp. has agreed to sell its Indian operations to an affiliate of Brookfield Asset Management for approximately $2.5 billion. The transaction, which involves around 75,000 telecom towers, is expected to be finalized in the second half of 2024. This move represents a significant shift in the telecommunications infrastructure landscape in the South Asian country.
Topics:business##acquisition#americantower#brookfieldassetmanagement#business-and-finance#india#telecommunications
- American Tower to Sell India Business in $2.5 Billion Deal Bloomberg
- Brookfield to buy American Tower's India ops for $2.5 bln Reuters
- American Tower to Sell India Operations to Brookfield for $2.5 Billion U.S News & World Report Money
- American Tower Completes Strategic Review, Announces Agreement to Sell Operations in India to Brookfield Business Wire
- Brookfield to buy American Tower's India ops for $2.5 billion Yahoo Finance
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