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May 27, 2015 6:46 PM 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: 49
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Director and Managing Director of Tata Teleservices Limited
Age: 52
Compensation as of Fiscal Year 2014.

Viom Networks Limited Key Developments

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.

Viom Networks Seeks Acquisitions

Viom Networks Limited Chief Executive Syed Safawi told Et about an acquisition which may be firmed up in the July-September quarter. He said, "We have enough head room to take on debt if there is a good acquisition in months to come. I think there are lot of smaller tower companies as well data solution companies which are going to be in dialogue, and I think that the new evolution in the industry that you see - realignment happening. And you will definitely see Viom at the centre of these alignments."

Clarification Sought By Exchange Over Reports About Viom And ATC Reviving Sale Talks

The stock exchange has sought clarification from SREI Infrastructure Finance Limited (BSE:523756) with respect to news article appearing in The Economic Times on May 6, 2015 titled " Viom Networks Limited Revives Talks with American Tower Corporation (NYSE:AMT) (ATC)for Stake Sale, Plans IPO by Year-end.”

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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