The government on Friday approved a proposal of Transcend Infrastructure, a subsidiary of US-based American Towers, to acquire the tower business of Essar Telecom, entailing an FDI inflow of about......
India's merger and acquisition scene for the first quarter of 2009 has been dismissal. Indian companies were involved in a total of 54 deals for this quarter--that is a decline of 60 per cent......
The telecom tower-transmission business is going to see a shake-up with cash-rich and independent companies moving in with aggressive plans. So far, the telecom firms have been the dominant players......
Private equity firm Horse-Shoe Capital, an affiliate of Q-Investments - USA will sell its entire stake in Xcel Telecom which it incubated two years ago to American Tower, a leader in communication......