NEW DELHI: American Tower Corp. (ATC<\/a>) has said that its first quarter results and its outlook for 2019 have been hurt by the fall in tenancies due to the stiff competition-induced rapid consolidation in the Indian telecom<\/a> industry<\/a> which has more-than halved the number of operators to three in just over two years.

“Certain wireless carriers in India are in the process of, or have recently concluded, merging their operations or exiting the marketplace. The Company’s operational and financial results during the first quarter of 2019 were impacted by churn driven by this carrier consolidation process,” ATC said in its earnings statement for the January-March quarter.

For the quarter, the turmoil in the Indian industry affected ATC’s total quarterly property revenue by $89 million, while impact on adjusted Ebitda was $61 million, that on consolidated Consolidated Adjusted Funds From Operations (AFFO) was $49 million and on tenant billings was $67 million.

The company’s first quarter net income was $408 million, up 45% on year, on total revenue of $1,813 million, a rise of 4.1%. Total property revenue was $1786 million, 4.4% while adjusted Ebitda rose 4.9% to $1114 million.

“The expected 2019-specific impacts of ICCC (churn in India) to property revenue, Adjusted EBITDA and Consolidated AFFO are $191 million, $148 million and $118 million, respectively, including $22 million in lower pass-through revenue,” the company said.

It expects the negative impact consolidation in India to last throughout 2019 and anticipates that churn rates in India will return to lower levels in 2020 and beyond. Bharti Infratel, India’s only listed tower company, recently also reported flat net profit and lower revenue hurt by a sharp drop in co-locations on its telecom sites amid rapid consolidation in India’s telecom sector.


ATC is now among the three largest telecom tower firms in the country with a base of some 80,000
towers<\/a>.

The company said it has agreed to acquire
Tata Teleservices<\/a>’ near 13% residual stake in ATC Telecom Infrastructure Pvt Ltd for roughly Rs 2,480 crore (about $359 million) in what sources say will be an all-cash deal. ATC expects to complete the deal in 2019.

“After the completion of the redemption, the company (ATC) will hold an approximately 92% ownership interest in ATC TIPL,” ATC said. Macquarie-controlled funds are reckoned to own the balance stake.

The deal — at roughly Rs 212 per share — marks the exit of Tata Group from the consumer mobility and related businesses.

The group is in the final stages of selling Tata Teleservices’ consumer mobility business to Bharti Airtel.

ATC had in October last year bought nearly half of Tata Tele’s original 26% stake in ATC Telecom Infra along with IDFC’s 2% for a total consideration of Rs 2,940 crore, minus the $320 million penalty Tata Tele for prematurely winding up of some 30,000 tenancies.
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ATC: Q1,前景受到印度电信出口;购买塔塔塔的股份企业

季度,印度工业的动荡影响ATC的季度房地产总收入8900万美元,而影响调整后息税前利润为6100万美元,在巩固统一调整资金运作(AFFO)是4900万美元,在租户比林斯是6700万美元。

  • 于2019年5月3日07:00点坚持
阅读: 100年行业专业人士
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新德里:美国塔公司(空中交通管制)曾表示,2019年第一季度业绩及其前景而受到伤害的占有权下降由于僵硬competition-induced快速整合在印度电信行业已逾一半后已攀升的运营商三刚刚超过两年。

“某些无线运营商在印度的过程中,或最近得出结论,合并操作或退出市场。公司的运营和财务业绩在2019年第一季度的生产受影响这个载体整合过程,“ATC 1季度盈利声明中说。

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季度,印度工业的动荡影响ATC的季度房地产总收入8900万美元,而影响调整后息税前利润为6100万美元,在巩固统一调整资金运作(AFFO)是4900万美元,在租户比林斯是6700万美元。

公司第一季度净利润为4.08亿美元,增长45%,在总营收为18.13亿美元,增长4.1%。财产总收入为17.86亿美元,4.4%,调整后息税前利润增长4.9%,至11.14亿美元。

ICCC“预期2019 -特定的影响(在印度生产)财产收入,调整后息税前利润和巩固AFFO是1.91亿美元,1.48亿美元和1.18亿美元,分别包括2200万美元的低直通收入,”该公司表示。

预计印度的负面影响整合去年整个2019年和预计,利率在印度将在2020年恢复到较低的水平。鼓吹,印度塔唯一一家上市公司,最近也报道平净利润和更低的收入受主机代管急剧下降的电信网站在印度电信业的快速整合。


ATC现在在塔三大电信公司在80000年的国家基础

该公司表示,它已同意收购塔塔电信业务ATC电信基础设施Pvt的近13%的剩余股份有限公司大约2480卢比(约3.59亿美元)的消息人士称,将是一个全现金交易。ATC预计将在2019年完成交易。

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“救赎的完成之后,该公司(ATC)将举行ATC TIPL大约92%所有权,“ATC说。Macquarie-controlled基金被认为拥有资产的股权。

这笔交易——约为每股212卢比——标志着出口的塔塔集团消费者流动性和相关业务。

集团是在最后阶段的塔塔电信业务的消费者移动业务出售给Bharti Airtel。

ATC去年10月份买了将近一半的塔塔Tele最初的ATC电信26%的股份下文连同IDFC 2%的总考虑2940卢比,塔塔Tele - 3.2亿美元的罚金30000佃户的过早结束。

  • 于2019年5月3日07:00点坚持
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NEW DELHI: American Tower Corp. (ATC<\/a>) has said that its first quarter results and its outlook for 2019 have been hurt by the fall in tenancies due to the stiff competition-induced rapid consolidation in the Indian telecom<\/a> industry<\/a> which has more-than halved the number of operators to three in just over two years.

“Certain wireless carriers in India are in the process of, or have recently concluded, merging their operations or exiting the marketplace. The Company’s operational and financial results during the first quarter of 2019 were impacted by churn driven by this carrier consolidation process,” ATC said in its earnings statement for the January-March quarter.

For the quarter, the turmoil in the Indian industry affected ATC’s total quarterly property revenue by $89 million, while impact on adjusted Ebitda was $61 million, that on consolidated Consolidated Adjusted Funds From Operations (AFFO) was $49 million and on tenant billings was $67 million.

The company’s first quarter net income was $408 million, up 45% on year, on total revenue of $1,813 million, a rise of 4.1%. Total property revenue was $1786 million, 4.4% while adjusted Ebitda rose 4.9% to $1114 million.

“The expected 2019-specific impacts of ICCC (churn in India) to property revenue, Adjusted EBITDA and Consolidated AFFO are $191 million, $148 million and $118 million, respectively, including $22 million in lower pass-through revenue,” the company said.

It expects the negative impact consolidation in India to last throughout 2019 and anticipates that churn rates in India will return to lower levels in 2020 and beyond. Bharti Infratel, India’s only listed tower company, recently also reported flat net profit and lower revenue hurt by a sharp drop in co-locations on its telecom sites amid rapid consolidation in India’s telecom sector.


ATC is now among the three largest telecom tower firms in the country with a base of some 80,000
towers<\/a>.

The company said it has agreed to acquire
Tata Teleservices<\/a>’ near 13% residual stake in ATC Telecom Infrastructure Pvt Ltd for roughly Rs 2,480 crore (about $359 million) in what sources say will be an all-cash deal. ATC expects to complete the deal in 2019.

“After the completion of the redemption, the company (ATC) will hold an approximately 92% ownership interest in ATC TIPL,” ATC said. Macquarie-controlled funds are reckoned to own the balance stake.

The deal — at roughly Rs 212 per share — marks the exit of Tata Group from the consumer mobility and related businesses.

The group is in the final stages of selling Tata Teleservices’ consumer mobility business to Bharti Airtel.

ATC had in October last year bought nearly half of Tata Tele’s original 26% stake in ATC Telecom Infra along with IDFC’s 2% for a total consideration of Rs 2,940 crore, minus the $320 million penalty Tata Tele for prematurely winding up of some 30,000 tenancies.
<\/p><\/body>","next_sibling":[{"msid":69164159,"title":"Ericsson bags deal from Vodafone Idea for one of world's largest vEPC deployment","entity_type":"ARTICLE","link":"\/news\/ericsson-bags-multi-year-cloud-deal-from-vodafone-idea\/69164159","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"seoschemas":false,"msid":69164546,"entity_type":"ARTICLE","title":"ATC: Q1, outlook hurt by India telco exits; to buy Tata's stake in tower venture","synopsis":"For the quarter, the turmoil in the Indian industry affected ATC\u2019s total quarterly property revenue by $89 million, while impact on adjusted Ebitda was $61 million, that on consolidated Consolidated Adjusted Funds From Operations (AFFO) was $49 million and on tenant billings was $67 million.","titleseo":"telecomnews\/atc-q1-outlook-hurt-by-india-telco-exits-to-buy-tatas-stake-in-tower-venture","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":171,"shares":0,"engagementtimems":613000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2019-05-03 19:00:03","lastupd":"2019-05-03 19:00:03","breadcrumbTags":["tata teleservices","atc","Telecom","Industry","Towers"],"secinfo":{"seolocation":"telecomnews\/atc-q1-outlook-hurt-by-india-telco-exits-to-buy-tatas-stake-in-tower-venture"}}" data-news_link="//www.iser-br.com/news/atc-q1-outlook-hurt-by-india-telco-exits-to-buy-tatas-stake-in-tower-venture/69164546">