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August 05, 2015 1:31 AM ET

Construction and Engineering

Company Overview of Viom Networks Limited

Company Overview

Viom Networks Limited, a telecommunications infrastructure company, engages in the deployment and commissioning of telecommunication towers for telecom service providers in India. Its telecom towers include self supporting latticed towers, monopoles, and rapid deployment towers. The company also provides integrated data solutions, in-building solutions, distributed antenna systems, and tower operations centers. In addition, it rents masts to telecom operators. The Company has strategic relationships with Tata Teleservices, Bharti Airtel, Aircel, MTS, Vodafone, Idea, Uninor, BSNL, and others. Viom Networks Limited was formerly known as Wireless TT Info services Limited and changed its name to...

Viom Tower

Plot No. 14 A

Sector – 18

Maruti Industrial Complex

Gurgaon,  122015

India

Founded in 2004

Phone:

91 12 4663 4000

Key Executives for Viom Networks Limited

Vice-Chairman and Managing Director
Age: 50
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Director and Managing Director of Tata Teleservices Limited
Age: 53
Compensation as of Fiscal Year 2015.

Viom Networks Limited Key Developments

Viom Networks Pushes Back IPO Plans To April 2016

Viom Networks Limited has deferred IPO Plans. “Viom Networks Limited has decided to push back its initial public offering, or IPO, to March-April of 2016 instead of December 2015 because market conditions are not as buoyant as they were two months ago,” a company director said. Viom Networks’s board will meet in late August to take a final call on the IPO depending on prevailing market conditions, Sunil Kanoria, Director at Viom, told ET. "Even if the board decides on an IPO, it is unlikely before March 2016 as market conditions are not favourable now," said Sunil Kanoria. A company executive said Viom Networks is in no tearing hurry to do the IPO because its internal accruals are strong and its EBITDA is at INR 20 billion annually. "Accordingly, Viom Networks Limited needs fresh capital to expand its tower infrastructure to be in a position to respond to the anticipated industry demand for sites in coming months," the company executive said on condition of anonymity.

Viom Networks Limited Presents at 12th Nomura Investment Forum Asia, Jun-02-2015 05:00 PM

Viom Networks Limited Presents at 12th Nomura Investment Forum Asia, Jun-02-2015 05:00 PM. Venue: The Ritz-Carlton, Millenia Singapore, 7 Raffles Avenue, Singapore 039799, Singapore. Speakers: Umang Das, Chief Mentor.

ATC May Reportedly Walk Out Of Talks With Viom

American Tower Corporation (NYSE:AMT) may walk away from the discussion for acquiring Viom Networks Limited due to gap in valuation. The two sides have been in talks for nearly a year, however, no deal has been signed yet. According to multiple sources, ATC could exit from the discussions with Viom if the deal does not get signed over the next few weeks.

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