American Tower to buy controlling stake in India's Viom for $1.2 billion

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MUMBAI (Reuters) - American Tower Corp said on Wednesday it has agreed to buy a 51 percent controlling stake in Indian mobile mast operator Viom Networks for 76 billion rupees ($1.17 billion).
Viom owns and operates about 42,200 wireless communications towers.
($1 = 65.1262 rupees)
(Reporting by Devidutta Tripathy; editing by Jason Neely)
First Published: Oct 21 2015 | 6:39 PM IST