ATC finances could take a hit due to Voda Idea payment woes: annual report

The Boston-based tower company added it would periodically evaluate the carrying value of its Indian assets, which may result in realisation of additional impairment expenses or other similar charges. The company added that any significant cut in customer-related cash flows in India would also impact its 76,826-strong tower portfolio and network location intangible assets in the country. Vi represented roughly 3.2% of ATC's total revenue ($10.71 billion) for the year ended December 31, 2022.

from Industry-Economic Times https://ift.tt/JtA3Dfh
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