American Tower takes Viom shares

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American Tower Corporation (ATC) has acquired 51% of the shares in Viom Networks. The sellers were Tata Sons, Tata Teleservices, IDFC Private Equity Fund III, Macquarie SBI Infrastructure Investments, SBI Macquarie Infrastructure Trust, SREI Infrastructure Finance, Sunil Kanoria, IDFC Private Equity Fund II and GIC’s Indivest.

The deal has been valued at ₹76.35 billion (US$1.15 billion).

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