M&A Deal Summary

Ascend Telecom Infrastructure Acquires TowerVision

On May 3, 2023, Ascend Telecom Infrastructure acquired communications company TowerVision

Acquisition Highlights
  • This is Ascend Telecom Infrastructure’s 1st transaction in the Communications sector.
  • This is Ascend Telecom Infrastructure’s 1st transaction in India.

M&A Deal Summary

Date 2023-05-03
Target TowerVision
Sector Communications
Buyer(s) Ascend Telecom Infrastructure
Deal Type Add-on Acquisition

Target

TowerVision

Gurgaon, India
TowerVision is an independent tower company specializing in the provision of passive infrastructure to the wireless communications industry in India. TowerVision was founded in 2006 and is based in Gurgaon, India.

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Buyer(S) 1

Buyer

Ascend Telecom Infrastructure

Bangalore, India

Category Company
Founded 2002
Sector Communications
DESCRIPTION

Ascend Telecom Infrastructure is a independent owner and provider of world class passive telecom infrastructure on a shared, multi tenancy basis for the mobile services and wireless sector in India. Ascend is a Category I Infrastructure Provider (IP-I) registered with the Department of Telecommunications, Government of India. Ascend Telecom Infrastructure was founded in 2002 and is based in Bangalore, Karnataka.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2023 M&A 1 of 1