Rcom is merging there tower business witg GTL Infra the deal details could be found http://www.gtlinfra.com/pdf/GTLInfra-RTIL-towerpurchase.pdf . The deal is worth Rs 50,000 or US $ 11 billion . With this deal it makes the world largest independent telecom infrastructure company.
The merged entity will have over 80,000 towers and about 125,000 tenancies from over 10 telecom operators. The entity will also have a firm option of an additional 75,000 tenancies.
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