Brookfield-led consortium seals $2.5bn deal to acquire American Tower’s India operations

Brookfield-led consortium seals $2.5bn deal to acquire American Tower’s India operations

A consortium led by Brookfield Asset Management has completed the acquisition of American Tower Corporation’s operations in India for a staggering $2.5 billion. This acquisition, one of India’s largest telecom infrastructure deals, sees Brookfield become the largest telecom tower operator in the country, overtaking Indus Towers. The deal also signifies American Tower Corporation’s exit from […]

American Tower agrees to $2.5bn sale of ATC India to Data Infrastructure Trust

American Tower agrees to $2.5bn sale of ATC India to Data Infrastructure Trust

American Tower Corporation (NYSE: AMT) has signed a definitive agreement to sell its Indian operations, ATC India, to Data Infrastructure Trust (DIT), affiliated with Brookfield Asset Management (NYSE: BAM, TSX: BAM). The transaction, valued at approximately INR 210 billion or $2.5 billion, is subject to customary closing conditions, including regulatory approvals, and is expected to […]

HCL Technologies introduces All Access Media Marketplace platform for media creators

HCL Technologies introduces All Access Media Marketplace platform for media creators

HCL Technologies has launched the All Access Media Marketplace platform at NAB Las Vegas, designed for streamlining the pre-production, production and post-production processes of creation and distribution of content. The new product is being built in coordination with tech major Microsoft and CoreSite, an American Tower Corporation company. The core application of All Access Media […]