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ATC records third eruditeness in Indian telecommunication al-Qaida market with Essar arm buy TT Correspondent |  New Delhi |  24 Feb 2010 American Tower Company is adopting the inorganic route to adjoin its presence in the Indian market and it is doing it very sharp as the company is set to acquire Essar Groups, Essar telecommunication Infrastructure Pvt. Ltd, for close to $ 450 million. The new acquisition go forth bring 4,500 more towers to ATCs India count which currently has about 2,500 towers. The muckle values each tower of Essar arm at Rs.50 lakhs which is closely similar to what GTL had offered to Aircel while acquiring the operators telecom arm recently. ATC had last year recorded its first acquisition in India by buying out Xcel Telecom for Rs 800 crore followed by acquisition of Transcent Infrastructure for Rs 95 crore. ***** Quippo Deals * In December 2007, QTIL acquired ~ grand towers from Spice along with rights to roll out 12,000 towers. This included wide-cut tower portfolio of Spice in Punjab and Karnataka with average tenancy of 1.6x. * In January 2009, QTIL & TTSL merged its passive al-Qaeda businesses to create Indias largest self-governing Telecom Infrastructure Company. * In February 2009, QTIL WTTIL signed up a tower sharing agreement with Unitech Wireless.

Under this agreement, Unitech Wireless leave behind lease tower infrastructure from WTTIL and QTIL across India. **** Aircel inks tower-sharing deal with BSNL| | BS Reporter / Mumbai October 1, 2009, 14:35 IST| | * GSM service provider Aircel, in which Malaysias Maxis Communications Berhad holds a majority stake, has entered into a passive infrastructure sharing agreement with state-owned telecom major Bharat Sanchar Nigam (BSNL). Under the agreement, Aircel will check access to around 45,000 towers of the state-owned telecom major revolve across 21 circles in the country. * Aircel has around 32,000 base send or towers in the country. * A significant portion... If you want to get a full essay, order it on our website: Orderessay

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