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M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

By Jyotindra Dubey

  • 30 Nov 2017
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M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate
Credit: Satyakam Banerjee/VCCircle

Falling tenancy count and lower rentals have forced most players in the capital-intensive Indian telecommunication tower industry to ride a massive consolidation wave, even as valuations of the assets have declined or, at best, remained flat over the past decade.However, private equity firms and telecom infrastructure companies remain deal-hungry, given ......

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