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UPDATE 1-American Tower to buy Bharti Nigeria phone masts for $1.1 bln
2014-11-24 16:17:24| Telecom - Topix.net
India's Bharti Airtel Ltd will sell more than 4,800 mobile phone masts in Nigeria to American Tower Corp for $1.05 billion, as part of its plan to cut costs and pare debt. Mobile operators in Africa such as Bharti Airtel have been selling masts to specialist tower firms and leasing them back to cut maintenance costs on a continent with poor access to electricity and shoddy roads.
TIM Brasil to sell towers to American Tower
2014-11-24 08:24:00| Telecompaper Headlines
(Telecompaper) TIM Brasil has approved the sale of its mobile towers for about BRL 3 billion (USD 1.2 billion) to American Tower. The first part of the transaction includes 5,240 towers. Another 1,240 towers, are subject to pre-emptive acquisition rights by the mobile operators Claro, Embratel and Americel as part of sharing agreements with TIM. If they do not exercise these rights, then America Tower will also acquire these towers. After the sale TIM will lease back space on the towers for 20 years.
Tags: american
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American Tower Corp Sets New 12-Month High at $101.75
2014-11-22 13:01:02| IT Services - Topix.net
American Tower Corp reached a new 52-week high during trading on Friday , AR Network reports. The stock traded as high as $101.75 and last traded at $101.65, with a volume of 890,789 shares traded.
Tower Semiconductor Price Target Raised to $22.00
2014-11-22 07:47:39| Electronics - Topix.net
The firm currently has a "buy" rating on the stock. Standpoint Research's price target would indicate a potential upside of 86.76% from the company's current price.
Tags: price
target
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tower
Tower Semiconductor Price Target Raised to $22.00
2014-11-22 05:21:26| Semiconductors - Topix.net
The firm currently has a "buy" rating on the stock. Standpoint Research's price target would indicate a potential upside of 86.76% from the company's current price.
Tags: price
target
raised
tower
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