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Tag: atc
Airtel agrees to sell Nigeria towers to ATC
2014-11-24 13:55:00| Telecompaper Headlines
(Telecompaper) American Tower Corporation and Airtel have entered into a definitive agreement for the sale of over 4,800 of Airtel's communications towers in Nigeria. Airtel will be the anchor tenant on the portfolio under a lease with a ten-year initial term. The agreement will allow Airtel to focus on its core business and customers, enable it to deleverage through debt reduction and will significantly reduce its on-going capital expenditures on passive infrastructure in Nigeria. American Tower and Airtel expect to close the acquisition during the first half of 2015, subject to customary closing conditions and regulatory approval. Airtel Africa CEO Christian de Faria said the agreement, which is part of a stated philosophy of promoting infrastructure sharing, will provide cost efficiencies and at the same time allows the company to sharpen its focus on the customer. No financial details of the transaction were disclosed.
Tags: sell
nigeria
agrees
towers
ATC Introduces New MOL Series Multilayer Chip Inductors
2014-10-28 06:33:03| rfglobalnet Home Page
ATC is pleased to introduce a unique MOL Multilayer Chip Inductor Series that utilizes state-of-the-art multilayer organic manufacturing technology. This Series provides a low cost, high performance RF surface mount inductor solution in a low profile 0402 SMT package.
Tags: series
chip
mol
introduces
ATC Completes Two Grid Projects in Eastern Upper Peninsula
2014-10-10 19:16:00| Transmission & Distribution World
American Transmission Co. (ATC) has improved the reliability of the electrical grid in the Upper Peninsula with the completion of two projects in the St. Ignace, Michigan, area. read more
Tags: projects
upper
eastern
grid
ATC explores merger, acquisition options in India
2014-10-03 12:30:00| Telecompaper Headlines
(Telecompaper) American Tower Corporation (ATC) is studying merger and acquisition possibilities to boost its presence in India. ATC plans to benefit from India's need for more telecom towers, as the country's data consumption jumps and 4G is adopted nationwide, the Economic Times reports. Telecom operators such as Bharti Airtel, Vodafone India and Idea Cellular are focusing on upgrading their existing sites to support increasing data demand rather than investing in the deployment of additional sites across the country, Amit Sharma, ATC's president of Asia operations told the Economic Times. ATC is reportedly in talks to acquire a significant stake in its larger rival, local tower operator Viom Networks, to grow its presence in India. Sharma declined to comment on this development, but said that ATC is open to mergers and acquisitions.
Tags: options
india
acquisition
merger
Scott Bader - ATC Showcasing Advanced Composite Materials at CAMX Expo
2014-09-26 07:00:00| Coatings World Breaking News
Tags: advanced
materials
scott
composite
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