Xcel Acquired @ INR 800-850 Cr by ATC
Xcel Acquired @ INR 800-850 Cr by ATC

American Tower Corporation (ATC) has acquired the Mumbai-based independent tower company, Xcel Telecom for an undisclosed sum. Industry analysts had put an enterprise valuation of around INR 800-850 crore for Xcel Telecom, which owns and operates around 1,700 towers in the country.

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