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Suyog Telematics complets acquisition of tower business of Nisa Industrial Services

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Capital Market
Last Updated : Dec 13 2016 | 12:02 AM IST

On 12 December 2016

Suyog Telematics has completed the acquisition of the tower business (all tower assets on a no liability basis) of Nisa Industrial Services along with rights and licenses there forth.

This acquisition would add an aggregate of 209 active cell tower assets across Mumbai, Gujarat, Delhi & NCR, and Maharashtra telecom circles and hence marks a landmark event in the expansion of the company's telecom infrastructure capacity build up.

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First Published: Dec 12 2016 | 1:30 PM IST

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