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Acquisition of 51% shareholding by M/s. ATC Asia Pacific Pte. Ltd., Singapore in M/s. Viom Networks Ltd.

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..... Acquisition of 51% shareholding by M/s. ATC Asia Pacific Pte. Ltd., Singapore in M/s. Viom Networks Ltd.
News and Press Release
Dated:- 6-4-2016

The Cabinet Committee on Economic Affairs .....

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..... , chaired by the Prime Minister Shri Narendra Modi, has given its approval to the proposal of M/s. ATC Asia Pacific Pte. Ltd. Singapore for acquisition of 51% of shareholding in M/s. Viom Networks Lim .....

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..... ited by way of transfer from existing shareholders. The approval would result in a total foreign direct investment inflow of ₹ 5,856.51 crore into the telecom infrastructure of the country whic .....

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..... h will spur economic growth, besides fostering inclusiveness and equity.
News - Press release - PIB .....

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