$\"\"$ ET All centre\/ET Mumbai: The Competition Commission of India has given its nod to the merger of telecom tower firms Chennai Network Infrastructure Limited (CNIL<\/a>) and GTL Infrastructure<\/a> Limited (GTL Infra). According to the filing in the Bombay Stock Exchange, the merged entity will continue to operate as GTL Infra.
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\nThe proposed merger will create a large neutral and independent telecom tower company with pan-India presence across 22 telecom circles having 27,759 towers with 50,845 tenants as on March 31, 2017.
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\nGTL Infra is part of Global Group which has network services firm GTL and infrastructure sharing firm CNIL. This proposed merger is part of the strategic debt restructuring program aimed to bring down GTL Infra’s and CNIL’s debt.
\nThe combined debt of these two companies in FY10-11 was Rs 10807 crore and after the SDR it has come down to Rs 4193 crore The combined entity’s revenue as of March 2017 was Rs2286 crore.
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\n‘The merger once completed will bring several operational and financial synergies that include the Company’s enhanced abilities to garner incremental tenancies by meeting the network expansion requirements of the Telecom Operators, productivity gains and optimized cost structures through sharing of resources and available assets,’ said the firm in its statement.
The companies are yet to get approval from NCLT<\/a> amongst others.<\/body>","next_sibling":[{"msid":59599127,"title":"India gearing up for 5G, may lead global users by 2022 with N. America - Sinha","entity_type":"ARTICLE","link":"\/news\/india-gearing-up-for-5g-may-lead-global-users-by-2022-with-n-america-sinha\/59599127","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":59600931,"entity_type":"ARTICLE","title":"CCI gives nod to merger of GTL Infra and CNIL","synopsis":"The Competition Commission of India has given its nod to the merger of telecom tower firms Chennai Network Infrastructure Limited (CNIL) and GTL Infrastructure Limited (GTL Infra). According to the filing in the Bombay Stock Exchange, the merged entity will continue to operate as GTL Infra.","titleseo":"telecomnews\/cci-gives-nod-to-merger-of-gtl-infra-and-cnil","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":336,"shares":0,"engagementtimems":1209000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2017-07-14 23:32:19","lastupd":"2017-07-14 23:35:49","breadcrumbTags":["GTL Infrastructure","CCI","Telecom equipment","nclt","CNIL"],"secinfo":{"seolocation":"telecomnews\/cci-gives-nod-to-merger-of-gtl-infra-and-cnil"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2017-07-14" data-index="article_1">

CCI给GTL下文和yann padova合并点头

印度的竞争委员会已经点头了电信塔公司的合并钦奈网络基础设施有限公司(yann padova)和GTL基础设施有限公司(GTL下文)。据孟买证交所的文件,合并后的实体将继续运营GTL下文。

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更新于2017年7月14日下午火灾点坚持

等所有中心/ ET孟买:印度的竞争委员会已经点头了电信塔公司的合并钦奈网络基础设施有限公司(yann padova),GTL基础设施有限公司(GTL下文)。据孟买证交所的文件,合并后的实体将继续运营GTL下文。

拟议的合并将创建一个大型中立和独立电信塔公司与pan-India出现在22日电信圈27759大楼50845租户3月31日,2017年。

GTL下文是全球集团的一部分网络服务公司GTL和基础设施共享公司yann padova。这种合并是战略的一部分债务重组计划旨在降低GTL下文和yann padova的债务。
这两家公司的债务总和FY10-11后是10807卢比,特别提款权它下来4193卢比合并后的实体的收入在2017年3月Rs2286卢比。

”合并一旦完成将几个经营和财务协同效应,包括公司的增强能力获得满足网络扩张需求增量的租户的电信运营商,生产率增长和优化成本结构通过共享可用的资源和资产,”该公司在声明中说。
公司尚未得到批准NCLT在别人。