American Tower to Invest $2 Billion More in India: Telecom Minister

New Delhi: American Tower Corp has committed to invest $2 billion in India, in addition to the Rs 5,857 crore ($879 million) it will spend to acquire a controlling stake in Viom Networks Ltd, Telecom Minister Ravi Shankar Prasad said on Wednesday. American Tower CEO James D Taiclet Jr made the commitment to invest more in India during their meeting on Tuesday, Mr Prasad said, without specifying what the amount would be spent on. Th...