January 30, 2015 9:02 AM ET

IT Services

Company Overview of Viom Networks Limited

Company Overview

Viom Networks Limited provides telecom infrastructure solutions in India. The company engages in the deployment and commissioning of telecommunication towers to telecom service providers. Its products include tower portfolio that comprise self supporting latticed towers, monopoles, and rapid deployment towers; integrated data solutions; in-building solutions; distributed antenna systems; and tower operations center. The company has strategic relationships with Tata Teleservices, Bharti Airtel, Aircel, MTS, Vodafone, Idea, Uninor, and BSNL. The company was formerly known as Wireless TT Info services Limited and changed its name to Viom Networks Limited in August, 2010. The company was incorpo...

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

Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Director and Managing Director of Tata Teleservices Limited
Age: 52
Chief Mentor
Age: 65
Compensation as of Fiscal Year 2014.

Viom Networks Limited Key Developments

SREI Infrastructure Finance Limited Mulls IPO OF Viom Networks Limited

SREI Infrastructure Finance Limited (BSE:523756) is seeking an IPO of Viom Networks Limited. Sunil Kanoria, Vice Chairman and Managing Director of Viom Networks, said “We are open to both acquisitions as well as organic growth. But we won't do anything which will do acquisition at phenomenal value and then destroys its value. We are evaluating Nigeria and Kenya in Africa. We would like to look internationally.” The telecom infrastructure company is keen to focus on its overseas business but is not considering overseas investment. Kanoria is considering raising atleast INR 1.5 billion either by opting for IPO or bringing in investors for the domestic market. Viom Networks is considering expanding its overseas footprint by entering Africa to provide consultancy and managed services, a top official said.

SREI Plans To Sell Stake In Viom Networks In Early 2015

SREI Infrastructure Finance Limited (BSE:523756) is keen on selling its stake in Viom Networks Limited early 2015, said Sunil Kanoria, Vice-Chairman.

SREI Mulls Sale Of Assets

SREI Infrastructure Finance Limited (BSE:523756) may sell assets. The company is looking to divest its assets worth INR 5 billion – INR 10 billion and expects them to be monetized by end of 2014. SREI is working on various routes, including initial public offer (IPO), to monetize Viom Networks Limited. SREI has an 18% stake in the company that is a joint venture (JV) with Tata Sons Limited. The company may also look to list on either New York Stock Exchange (NYSE) or the London Stock Exchange (LSE). The company is in talks with merchant bankers for the listing of two of its road projects.

Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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