S&R Associates Represents Data Infrastructure Trust in Landmark Acquisition
The Competition Commission of India has recently awarded approval to Data Infrastructure Trust (DIT), an infrastructure investment trust backed by Brookfield Asset Management, for its proposed acquisition of ATC Telecom Infrastructure Private Limited. Represented by S&R Associates, DIT aims to acquire 100% of the share capital of ATC India in a deal valued at INR 165 billion (approximately USD 2 billion). This acquisition is a significant milestone for both companies as they strive to strengthen their standing in the Indian telecommunications infrastructure market.
A Leader in the Indian Telecommunications Sector
ATC Telecom Infrastructure has forged a stellar reputation as a leading telecommunications infrastructure service provider in India. As an indirect subsidiary of American Tower International, Inc., ATC India operates primarily in the area of passive telecom infrastructure services. With a profound focus on superior service quality, ATC India has consistently delivered reliable connectivity to its growing user base.
Data Infrastructure Trust and its Objectives
Data Infrastructure Trust, registered under the Securities and Exchange Board of India Infrastructure Investment Trusts Regulations, stands as a prominent entity in the infrastructure investment industry. Its core focus lies in the provision of passive telecom infrastructure services in India through specially crafted special purpose vehicles(SPVs).
An Excellent Venture Opportunity
The acquisition of ATC India is regarded as a massive boost by DIT due to the compelling growth potential combined with the strong track record of ATC Telecom Infrastructure. With this strategic move, DIT aims to capitalize on India’s escalating demand for telecommunications services and establish a stronger market presence. This acquisition is expected to generate significant cost and operational synergies as the expertise of both companies comes together.
Benefits of the Deal
The synergy resulting from this acquisition will contribute to the enhancement of telecom infrastructure services throughout India. Furthermore, consumers will benefit from escalated service quality and improved connectivity, satisfying the mounting demands of the evolving telecommunications market. This landmark acquisition will undeniably propel DIT to the forefront as a dominant player in the Indian telecommunications landscape.
The Future Outlook
As India continues to experience rapid growth and urbanization, the demand for robust telecommunication infrastructure rises concurrently. Scheduled amidst this evolution, the acquisition between DIT and ATC India arises as a testament to the ever-changing Indian market dynamics, inviting public acknowledgment and eager anticipation of substantive developments i–>
and industry expansions. Consequently, these sectors will pave the way for job creation and economic growth. By investing in upgraded and expanded telecommunications infrastructure, India has set the stage for a thriving future. With DIT’s acquisition of ATC India, Indians can confidently expect seamless connectivity and digitized experiences that complement the vision of “Digital India.” This acquisition won’t just be a catalyst for industry growth; it represents strides taken towards a prosperous nation.
