Kanorias, Quippo look beyond India, beyond towers
Newest bidder for International telecom infrastructure is also one of the oldest players!
Quippo Telecom comes from the same stable as Viom Networks, the largest independent tower company in India. The foundations of independent telecom infrastructure industry in India was setup under the aegis of Quippo Telecom more than a decade ago when Sunil Kanoria forged a joint venture with Tata Teleservices to form Viom Networks. Viom Networks owns and manages over 43,000 telecom towers in India, has an industry-best ratio of 2.3 tenants per tower, and last October, American Tower announced intent to acquire a 51% controlling interest in the company. Thus Viom’s sponsors are turning their attention to international markets.