Articles tagged with: Citigroup and Towers

India's Tata Closer to Sale of Tower Stake

India's Tata Teleservices is again reported to be in talks with Quippo Telecom Infrastructure (QTIL) to merge their respective tower operations. Last month, we reported QTIL had confirmed to journalists that it is in talks with Tata Teleservices to take a large stake in the company's tower business. The Economic Times newspaper now says that QTIL has emerged as the top bidder for a 49% stake in TTSLÃ's tower business.  more

Related Tags: tata-teleservices, ttsl, India

The Devil's in The Details for China Mobile and Telecom Revamp

HONG KONG (Dow Jones) -- The real story of how China Mobile lost $25 billion in market capitalization doesn't lie with the regulatory revamp the Chinese government announced last weekend, analysts say.  more

Related Tags: roaming, china-unicom, 3g-license, china-mobile, china-telecom, td-scdma, tim, china-netcom, cdma2000, netcom, China

Private Equity Invests in Indian Towers Operator

Private equity group, Kohlberg Kravis Roberts (KKR) is investing US$250 million in India's Bharti Infratel, the wholly owned towers subsidiary of Bharti Airtel. The investment will be made by KKRÃ's Asia dedicated private equity fund and its global private equity fund.  more

Related Tags: bharti, indus-towers, passive-infrastructure, dubai, dubai, India