India: ATC to buy tower assets from Vodafone, Idea for $1.2b

Vehicles drive past mobile-phone telecommunications towers in Mumbai, India, on Wednesday, Jan 29, 2014. Photographer: Dhiraj Singh

American Tower Corp. agreed to buy mobile-phone towers from Vodafone Group Plc’s Indian business and Idea Cellular Ltd. for 78.5 billion rupees ($1.2 billion).

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