Reliance Communications moves closer to the sale of Reliance Infratel

Sanjiv Ahuja’s Tillman Global Holdings and TPG team up to acquire Reliance Infratel for a reported US$3.3bn

Read this article to learn:

  • The details of the proposed sale of Reliance Infratel
  • The motivating factors behind the sale
  • Which companies are making the acquisition
  • What to expect next in the Indian market

The pace of potential major transactions in India continues with Reliance Communications’ announcement this week of the pending sale of Reliance Infratel, which owns India’s third largest tower portfolio (~52,000 towers), also the fourth largest in the world. The process of finding a buyer began midway through the year as Reliance Communications looked for options…

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