BSNL planning sale of 10,000 towers (not behind a paywall)
Under the NMP strategy, BSNL and its sister company Mahanagar Telephone Nigam Limited (MTNL) are targeting the sale of a combined total of 14,917 towers in a phased manner by 2025.
ATC bought out Tata Teleservices’ nearly 13% residual stake in ATC Telecom Infrastructure in September 2019 for ₹2,500 crore in an all-cash deal. This valued the company at ₹19,000 crore. ATC had a tower portfolio of 80,000 towers at the time, pegging the valuation per tower at around ₹24 lakh. ( [bsnl: BSNL to sell 10,000 towers as part of monetisation plans, Telecom News, ET Telecom]( ATC tower valuation - ET )
Subscribe To Our Free Newsletter |