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 […]