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GTL Infra, Essar in race for Aircel tower assets
Rajesh S Kurup / Mumbai August 22, 2009, 0:55 IST

With 11,500 of these, the winner must be prepared to pay $2.5 bn

 
 
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Three major telecom companies have joined the race to acquire GSM service provider Aircel Cellular’s passive telecom infrastructure, valued at around $2.5 billion.

Essar Infratel has expressed its interest in acquiring Aircel’s tower portfolio, while Wireless Tata Telecom Infrastructure Ltd (WTTIL) and GTL Infrastructure are in advanced stages of the due diligence procedures, an informed source told Business Standard .

WWTIL and GTL Infrastructure have also quoted an initial bid price to Aircel Cellular, which would be reviewed after the due diligence procedures, he said. He, however, did not divulge the prices quoted by the two companies, rather than saying it was in line with the industry valuations.

WTTIL is a Tata Teleservices Ltd (TTSL) subsidiary in which Quippo Telecom Infrastructure, the telecom tower subsidiary of SREI Infrastructure Finance, has merged its over 5,000 towers. Under the merger terms, the promoters of Quippo would hold a 49 per cent in the merged entity. GTL Infrastructure is an independent telecom tower company.

When asked, Quippo Group Vice-Chairman and Managing Director Sunil Kanoria confirmed the development. “We had submitted a non-bidding bid for Aircel’s tower business, and now have begun due diligence procedures. We expect to complete the procedures in the next couple of weeks,” he said.

He, however, declined to comment on the valuation of Aircel Cellular tower operations. When asked, spokespersons of GTL Infrastructure and Essar Infratel declined to comment.

The three companies are joining others, including NYSE-listed American Towers, Bharti Infratel and Crown Castle, who had earlier shown interest in Aircel’s telecom tower operations.

Aircel Cellular, in which Malaysia's Maxis holds a 74 per cent stake, was looking at either hiving or selling off its towers, so as to become asset-light and concentrate on its telecom services. The company has over 11,500 towers in the southern and north-eastern circles, which would have a valuation of around $2.3-2.5 billion.

Standard Chartered, Nomura and Rothschild are advising Aircel on the matter.

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   Discussion Board / User Comments    
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sameer
sir/madam i have a free space for tower inst. in moradabad u.p contact no.9027753455,9258182992,9760173881
Reply
Rajbir_Rajain
Dear sir/mam, i m Rajbir Rajain from Rohtak Haryana. I m intrested in instaling the tower of AIRCEL or any company on my house 600 squer feet situated at Vijay Nagar Colony jajjar chungi Rohtak.if intrested plz Contact: mob.09255525278,09541270586 Email: vikasrajain@gmail.com thank u
Reply
pardeeprahar
sir/madam i have a free space for tower inst. in siwara bhiwani haryana contact no. 9728681524/ 9034909709
Reply
pardeeprahar
sir/madam i have a plot of 50 sq. yards in siwara teh. bawani khera distt. bhiwani (haryana) if you are interested for insttaling a tower or settelite pls. contact me 9728681524 & 9034909709
Reply
Ravinder
Sir, i have a plot of 200 gaj. i am interesting to installing aircel tower in my land. all side are open. my land location is B-24, BHABHA NAGAR, NEAR RAMADEVI BRIJ POWER HOUSE, SANIGAWA ROAD in KANPUR, U.P. Contact 09889198101, 09336117729
Reply
sagarbansal
sir i have a piece ol land in hisar, hansi, bhiwani, jind in haryana i am interested to give on rent to mobile tower company if u r interested on the above places plz contact me 9896215639, 9812445588
Reply
VIPIN
Sir, i have a plot of 250 gaj. i am interesting to installing aircel tower in my land. all side are open. my land location is NEAR TEHSIL COMPLEX,FATEHABAD ROAD ,RATIA,dist FATEHABAD in HARYANA.RATIA is a BIG TOWN .contact 01697-251192,,098126-60789
Reply
prakash
Hi ! Dear Sir,This is prakash chandra s/o Ramesh chandra s/o Keshav datt from "Bhawanipur kishna/Motahaldu/Haldwani/Nainital/Uttarakhand. I am interested to instalation mobile tower to your company.I have all-rady INDUS Tower on my land.If u want sharing this tower or take to lease "WELCOME" Thanking you, Prakash
Reply
Vikas
If anybody have Aircel Tower contractor pls inform me.. #9671631171
Reply
brajeshkumar
sir my name is brajesh kumar sir i want mobile tower installostion in bharatpur rajasthan my address is brajesh kumar s% vijay singh house no-24/279 vikas nagar bharatpur rajasthan pincode-321001 mob-09351966802
Reply
Dhanesh
Dear sir/mam, I am Dhanesh Kumar from Faridabad Haryana. I am intrested to instaling the tower of AIRCEL on the roof of my house 125 Sq.yrds situated at Jawahar Colony, 60 Feet Road, Near Air force Station, N.I.T., Faridabad. (And Second plot is 6000 Sq.Yrds in Village: Wahid Vivipur, Near: Rijor, 2.5 Km from Etah~Sikohabad Link Road, Distt: Etah ) if you are intrested from both of them Locations for build up the tower plz Contact: mob.09212061978 Email:(dnha_fad01@denso.co.in ) Thank you Dhanesh Kumar
Reply
vinod
Vinod shah oct 19 , 2009 ,094:28 Few(27 july) days ago I have call at 09818356681,09654784013and more for Installation of aircel and other mobile tower. They said to me first of all you deposit Rs.5000 in my Account(A/C holder name is Arvind Singh), and give your address. Then our survey team came at your home in 7days and your Rs.5000 is refundable when our survey team came at your home. If your place are better for networking then our agency give 1 year in advance with 10-15years agreement. I have agree their terms & Conditions and deposited Rs.5000 in his Axis Bank ltd, Account No.:- 131010100496919 on 23-7-09 at 11:00am. As per they said today's 3month,s has gone they don't come till now. Whenever, I call and question when your survey team came? They ignore me and said, Sir please wait our team will quickly came at your home or they disconnect the phone. But now they can't picked up and swich off the phone n s. Reply
Reply
ayan
Dear sir, I have a plot 200 yards at a prime location of GT road, Nilokheri Distt-karnal, to install a tower If you are interested for further detail kindly contact at mob no. 9812082312 or 9017488698, email id. ayanchatterjee2007@gmail.com
Reply
sanjay
Dear sir/mam, i m Sanjay Gupta from Faridabad Haryana. I m intrested in instaling the tower of AIRCEL or any company on my house 600yrds situated at sector-8, faridabad.if intrested plz Contact: mob.09871092496 Email: sanju_g333@yahoo.in thank u
Reply
jaideep
Dear sir/mam, i m jaideep kamboj from ambala cantt Haryana. I m intrested in instaling the tower of AIRCEL or any company on my house.if intrested plz Contact: mob.09466585249 Email: jcoolguy55@rediffmail.com Location near National Highway 1.
Reply
subrat
hi i have a piece of lanf appx 1000 square feet which i want to give to your conpany for mobile tower, land is situated in fatehpur district near kanpur.my cell no.9453535151, tripathi_gemoney@yahoo.com
Reply
ayaz
Dear sir, We are HVAC consultants also Specialist in Telecom Air conditioners if u have any enquiry please let me know because we have full flassec team our capacity is all over world work. contact: Mr.Ayaz Mob: +91 22 9867598740 Tel No: +91 22 6521 0001.
Reply
sachin
hai sir ,i am land owner 9000.sq.miters intrested to give land on rent to youer tower co. thank you...........
Reply
DILIP
Hello Sir, I Have Space On Commercial Building Roof top 4th Floor at Jodhpur Heart Aakhliya Choraha Jodhpur (Rajasthan) .In Which any Mobile company Can Install Their Tower On Rental Basis.Please Call me at My Cell No. 9829861661. Space Size- 21x35 .
Reply
DILIPK.SANKHLA
Hello Sir, I Have Space On Commercial Building Roof top 4th Floor at Jodhpur Heart Aakhliya Choraha Jodhpur (Rajasthan) .In Which any Mobile company Can Install Their Tower On Rental Basis.Please Call me at My Cell No. 9829861661. Space Size- 21x35 .
Reply
shailendrasingh
I have sub vendor& i have provide of erection(installation of Tower) work. If u r interested then contact me on 09179979590,09754561945,0751-4065292 Thanks&Regard shailendra singh vkn infra systems
Reply
T.SURESH
SIR, I HAVE SPACE FOR FOR INSTALLING ANY TELECOM TOWER IN MADIPAKAM,NANDAMPAKAM,PORUR.INTERESTED PLEASE CONTACT:09382856880
Reply
Azhar
I read ur add in newspaper regarding Tower foundation. I have two open plots at Jaipur - (1.) Jaipur-Delhi Bypass, Idgah. (2.) Suraj pol Bazar, jaipur. Plots are JDA alloted and have 99 years lease permit. If u r interested then contact me on 9680925494. AZHARUDDIN
Reply
sagar
Hi! Wanted to rent my independent farm house to mobile or telecom companies. I am looking for companies to rent my houses roof located in fatheh pur, New Delhi. farm House is located on chathepur road.Interested companies please contact me at 9999008522 for any further details.
Reply
Haribhan
I have following land in Lucknow Good for Tower Foundation as under :- S.NO. FOR AREA LATITUDE LOGITUDE 1. RTT 1325sft 26.894191 81.0089 2. GBT 1100sft 26.892184 81.007864 3. GBT 4000sft 26.90396 81.02141 my email-id,haribhan_singh@rediffmail.com,m.no.09005093149 cont.for rent.
Reply
NAVEEN
ihave 35000 square feet land in vill- karondi(opp. ims college)roorkee-dehradun highway, near rto check post,dis-haridwar(uttarakhand) sutaible for mobile tower all side open. please contect 09719258608,01332-232352
Reply
  Reply by naveen:
ihave 35000 square feet land in vill- karondi(opp. ims college)roorkee-dehradun highway, near rto check post,dis-haridwar(uttarakhand) sutaible for mobile tower all side open. please contect 09719258608,01332-232352
hemant
i have 25000 square feet land in orakhan near mukteshwar dist nainital uttrakhand,sutaible for mobile tower all side open. con hemant singh 9818465522,05942 285569
Reply
hemant
Sir, i have a plot of 25000 sq.feet. i am interesting to installing aircel tower in my land. all side are open. my land location is vill- orakhan dist nainital mukteshwar in uttrakhand.mukteshwar is a hill station.contact detail hemant1484@gmail.com,9818465522.
Reply
twinkal
my co. intested your tower civil work.
Reply
pushpa
sir, i have a plot of 1079 Q. feet. i am in intersesting ti instaling aircel tower, my plot in to side open and corne. my land side of delhi for nroth boradi contact no-9971401639
Reply
Neeraj
Sir, i have a plot of 700 sq.feet. i am in interesting to aircel tower my plot side for corner and two side open. tower installing the tower of aircel in my land. location- Delhi address- block-19 house no -214-215 kalyan puri Delhi. contact no- 9868216893 email: neerajkishore_84@rediffmail.com
Reply
Er.vikashboora
sir,i have a plot of 700 sq.feet.i am in interesting to instaling aircel tower. popullation of my village is more than 13000.... vill-FARMANA (BADSHAHPUR) TEH-MEHAM DIST-ROHTAK PIN-124520 LATLOG OF LOCATIONIS LAT-29 02 47.1 LOG-76 21 02.3 ELEV-210M CONCRETE ROAD UP TO LOCATION...
Reply
Er.vikashboora
dear sir/mam, it' vikash boora here from meham(Dist. Rohtak)Haryana. I m intrested in instaling the tower of AIRCEL in my land.if intrested plz contact: mob.09910077122 email: vikashboora@gmail.com location lat-29 0247.1
Reply
isteyakahmad
Hi, my name is Md.Isteyak Ahmad living at Ranchi(JHARKHAND). I have 20 Decimile area of registered land in GUMLA(JHARKHAND). If u r interested for tower plz contact on my mobile No.09308078568
Reply
Mohit
Hi! My name is Mohit kakkar , i am residing at Haryana in Ambala City areas are Chotta Bazar, Baldev Nagar Camp (Narayangarh road).etc. If you were planning to install a mobile tower , we are ready to provide the place for this purpose if you were intrested for this you can contact me through me e-mail = "mohit0106kakkar@yahoo.com" & by calling directely to me on my Number "0-9254-902-902" pls send theese suggection to the relevent mail Or call me thanking you
Reply
nallathambi
sir/ medam,,our village is a crucial place for erecting towers to serve the remote area...i have one acre land at E.PUDHUPALAYAM, THUTHIPALAYAM(PO) MALLASAMUDRAM,,,NAMAKKAL,DIST,, TAMILNADU...MOB..986529296
Reply
Mohan
Sir, I am residing in Navanagar (Bagalkot) Karnataka. am having more than 2000 sq.ft open space that too corner site. Both side roads are 80' wide and 50' wide. There are no GTL Towers near 400-500 mtrs. It's ideal space for installation of tower. I am interested to give it for tower installation. My contact No.9241557152.
Reply
amit
dear sir/madam i am interested about mobile tower. sir if your company need any spot for mobile tower in mau and ghazipur distt in uttar pradesh, you can contact me and i will be thankfull to you. amit kumar singh tel- 99199 55555
Reply
aslam
sir, I HAVE A PLOT OF 1600 SQR FIT IN INDIRA NAGAR (HARIHAR NAGAR) LUCKNOW. I AM INTERESTING IN INSTALING THE TOWER OF ANY MOBILE COMPANY. PLEASE CONTACT MOBILE NO-09415180487
Reply
santosh
sir, I have a home 450serfit in lucknow near dubaga mande hardoy road amrpali awsvikash youjan for installing any telecom company tower,if you any plan about this project,Pleas inform me.my contact number are 05224025939,9455037071,9793548674
Reply
Sachin
SIR,I HAVE GOT A LAND IN ROHTAK {HARYANA} FOR INSTALLING ANY MOBILE TOWER. IF IT SUITS YOU PLEASE INFORM ME AND HAVE A LOOK AT THE SITE. IT IS ON THE PRIME LOCATION. MY CONTACT NO IS 01262-230231 AND MY ID IS sam_cruze38@yahoo.com
Reply
Ravindra
SIR, I HAVE A PLOT OF 80 SQ.YARDS IN MEERUT NEAR MIET COLLEGE FOR INSTALLING ANY TELECOM TOWER .IF YOU HAVE ANY PLAN ABOUT THIS PROJECT,PLEASE INFORM ME . MY CONTECT NUMBERS ARE 9350123448, 9311480180
Reply
Rohit
dear sir/mam, it' Rohit Saluja here from Indri(Dist. Karnal)Haryana. I m intrested in instaling the tower of AIRCEL in my land.if intrested plz contact: mob. 09896113788 email: salujas_rohit@yahoo.com i have also space in ladwa(dist. kurukshetra)Haryana
Reply
Dr.K.C.Goel
Sir, I have prime freehold land in the heart of Muzaffarnagar City i.e. opp. D.A.V. College, Arya Samaj Road, Siddhartha Colony, Muzaffarnagar. If it suits you for establishing mobile tower, you may kinly contact at 09412210072.
Reply
inderjeet
Few(27th july) days ago I have call at 09654068094 for Installation of aircel mobile tower. They said to me first of all you deposit Rs.5000 in my Account(A/C holder name is santosh kumar), and give your address. Then our survey team came at your home in 48hrs and your Rs.5000 is refundable when our survey team came at your home. If your place are better for networking then our agency give Rs.4lakhs in advance with 10years agreement. I have agree their terms & Conditions and deposited Rs.5000 in his State Bank of India Account No.:- 10193236349 on 29th july at 3:45pm. As per they said today's 20day's has gone they don't come till now. Whenever, I call and question when your survey team came? They ignore me and said, Sir please wait our team will quickly came at your home or they disconnect the phone. But now they can't picked up phone.my mobile number is 9855664442
Reply
deepak
Dear sir, i already gave a messages to u but you don't reply me .plz sir can i know the hole detail about aircel mobile tower .
Reply
inderjeet
no body pic my phone when i call your mobile number what is this ??????????? aircel ??????????
Reply
deepak
Dear sir, yesterday i got a news in a newspaper.there a add for aircel mobile tower.can you give me details for aircel mobile tower. Deepak Sharma
Reply
vipin
r/sir we have two sites vacant for the foundation of tower in yamuna nagar . one is in gandhi nagar(150sq). and another is in navab colony near railway line(205sq) .if you are intrested in tower building you are requested to contact on following address- vipin kumar h.no-366,gandhi nagar, near satish depot , email id- vipin1985sep@yahoo.com yamuna nagar-135001 haryana mob-09254910481,9991351831,9315537712
Reply
Shivendra
Few(4th august) days ago I have call at 09654195490 for Installation of aircel mobile tower. They said to me first of all you deposit Rs.5000 in my Account(A/C holder name is santosh kumar), and give your address. Then our survey team came at your home in 48hrs and your Rs.5000 is refundable when our survey team came at your home. If your place are better for networking then our agency give Rs.4lakhs in advance with 10years agreement. I have agree their terms & Conditions and deposited Rs.5000 in his State Bank of India Account No.:- 10193236349 on 4th August at 3:35pm. As per they said today's 20day's has gone they don't come till now. Whenever, I call and question when your survey team came? They ignore me and said, Sir please wait our team will quickly came at your home or they disconnect the phone. But now they can't picked up phone.
Reply
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