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Partners Group acquires controlling stake in Atria Convergence Technologies
Partners Group, a global private markets firm, has agreed to acquire about 75 per cent stake in Atria Convergence Technologies (ACT), one of India's largest providers of high-speed fiber-optic broadband, from Argan (Mauritius) Ltd and TA Associates. Partners Group, which has been a joint investor in ACT since 2016, will acquire a controlling stake in a transaction that values the company at an enterprise value of nearly $1.2 billion, a statement from the Partners Group said. The deal size is learnt to be around $900 million.
Partners Group acquires controlling stake in Atria Convergence Technologies
Partners Group, a global private markets firm, has agreed to acquire about 75 per cent stake in Atria Convergence Technologies (ACT), one of India's largest providers of high-speed fiber-optic broadband, from Argan (Mauritius) Ltd and TA Associates. Partners Group, which has been a joint investor in ACT since 2016, will acquire a controlling stake in a transaction that values the company at an enterprise value of nearly $1.2 billion, a statement from the Partners Group said. The deal size is learnt to be around $900 million.
Partners Group acquires controlling stake in Atria Convergence Technologies
Partners Group, a global private markets firm, has agreed to acquire about 75 per cent stake in Atria Convergence Technologies (ACT), one of India's largest providers of high-speed fiber-optic broadband, from Argan (Mauritius) Ltd and TA Associates. Partners Group, which has been a joint investor in ACT since 2016, will acquire a controlling stake in a transaction that values the company at an enterprise value of nearly $1.2 billion, a statement from the Partners Group said. The deal size is learnt to be around $900 million.
Partners Group acquires controlling stake in Atria Convergence Technologies
Partners Group, a global private markets firm, has agreed to acquire about 75 per cent stake in Atria Convergence Technologies (ACT), one of India's largest providers of high-speed fiber-optic broadband, from Argan (Mauritius) Ltd and TA Associates. Partners Group, which has been a joint investor in ACT since 2016, will acquire a controlling stake in a transaction that values the company at an enterprise value of nearly $1.2 billion, a statement from the Partners Group said. The deal size is learnt to be around $900 million.
Telangana government launches 3,000 public Wi-Fi hotspots in city
In its efforts towards further accelerating ‘Digital Telangana’, Government of Telangana today commemorated 3000+ public Wi-Fi hotspots in Hyderabad as part of the Hy-Fi project in collaboration with ACT Fibernet. Launched in the presence of Shri. K. T. Rama Rao, Hon’ble Minister for Municipal Administration & Urban Development, Industries, and IT & Commerce, Govt. of Telangana, Mr. Jayesh Rajan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments of the Telangana government, Mr. Bala Malladi, Chief Executive Officer, Atria Convergence Technologies Ltd and other dignitaries, and officials.
Govt of Telangana installs 3000+ public Wi-Fi hotspots powered by ACT Fibernet in Hyderabad
In its efforts towards further accelerating ‘Digital Telangana’, Government of Telangana today commemorated 3000+ public Wi-Fi hotspots in Hyderabad as part of the Hy-Fi project in collaboration with ACT Fibernet. Launched in the presence of Shri. K. T. Rama Rao, Hon’ble Minister for Municipal Administration & Urban Development, Industries, and IT & Commerce, Govt. of Telangana, Mr. Jayesh Rajan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments of the Telangana government, Mr. Bala Malladi, Chief Executive Officer, Atria Convergence Technologies Ltd and other dignitaries, and officials.
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