American Tower Concludes Sale of Operations in India to Brookfield

American Tower (AMT) has successfully concluded the sale of all equity interests in its operations in India, referred to as "ATC India" to Data Infrastructure Trust ("DIT"). This Infrastructure Investment Trust is sponsored by an affiliate of Brookfield Asset Management. AMT's Transaction Details The transaction yields total cash proceeds for American Tower of approximately INR 210 billion, or $2.5 billion, based on the exchange rates on Sept. 12, 2024. This total cash proceeds includes nearly$320 million ...