Asia News

Summary of tower industry news across Asia

India: American Tower seals Idea-Vodafone tower deal Vodafone and Idea Cellular agreed to sell their tower portfolios to American Tower for a combined value of around US$1.2bn. Idea’s portfolio include 8,886 sites with a tenancy ratio of 1.7 (or 15,418 tenants) while Vodafone’s comprises 10,926 towers with a tenancy ratio of 1.5 (15,846 tenants). However,…

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