Tag: Radhey R Sharma

Tower InvIT to acquire Space Teleinfra for Rs 900cr

Tower Infrastructure Trust (Tower InvIT) announced that it has signed binding agreements to acquire Space Teleinfra Private Limited (STIPL), a indoor coverage solutions provider in India. Tower InvIT will be acquiring STIPL for an equity consideration of INR 900 crore (subject to closing adjustments) and additional milestone-based considerations, which will be funded through a combination…