September 29, 2016 2:01 AM ET

Construction and Engineering

Company Overview of Viom Networks Limited

Company Overview

Viom Networks Limited, a telecommunications infrastructure company, builds, rents, operates and manages 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, and distributed antenna systems. Viom Networks Limited was formerly known as Wireless TT Info services Limited and changed its name to Viom Networks Limited in August 2010. The company was incorporated in 2004 and is based in Gurgaon, India. As of April 21, 2016, Viom Networks Limited operates as a subsidiary of ATC Asia Pacific Pte. Ltd.

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: 51
Chief Financial Advisor
Chief Operating Officer
Director and Managing Director of Tata Teleservices Limited
Age: 54
Chief Mentor
Age: 67
Compensation as of Fiscal Year 2016.

Viom Networks Limited Key Developments

Tata Teleservices Plans To Sell Its Stake In Viom Later

Tata Teleservices Limited plans to sell the rest of the shares in Viom Networks Limited at a later date.

American Tower Corporation Mulls Acquisition Of Viom

American Tower Corporation (NYSE:AMT) (AMC) is finally set to own a controlling stake in Viom Networks Limited for rumored INR 200 billion. The deal is expected to be announced on Wednesday. ATC will acquire the stake from a clutch of existing investors, including SREI Infrastructure Finance Limited (BSE:523756) and Tata Teleservices Limited. ATC has been in talks with Viom Networks since June last year but the negotiations got serious since October.

American Tower To Acquire Viom Networks

American Tower Corporation (NYSE:AMT) is expected to announce next week its long-expected acquisition of Viom Networks Limited in the largest inbound M&A deal so far this fiscal, said three sources familiar with the development. American Tower will pick up 51% stake in Viom Networks complicated, multi-tier transaction that values the latter at INR 200 billion- INR 2100 billion, including its INR 60 billion debt, they said. The deal has been in the making for two years.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 21, 2015
--
 

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