telecom towers

The Indonesian operator of telecom towers attracts strong demand and the block is both upsized and priced at a tight 0.9% discount.

The block was done after the close on Friday. Also in the market at the same time was a $342 million sell-down in Indonesian telecom tower company Sarana Menara Nusantara.

Three shareholders raise a combined $100 million from the sale of a 6.9% stake in the Indonesian telecom tower operator.

Indian telecom tower management company Tower Vision raises $300 million of expansion capital from a consortium led by private equity firm Quadrangle Partners.

GTL shells out $1.8 billion for Aircel's tower business, which specialists comment is one of the last portfolios of towers to go on the block.