GTL Infra jumps 12% on Viom Networks buyout offer

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GTL Infra jumps 12% on Viom Networks buyout offer

This article was posted on Jul 29, 2011 and is filed under Market News

Shares of GTL Infrastructure rose as much as 12% in early trade after a report said telecom tower firm Viom Networks has made a Rs 7,500 crore ($1.69 billion) offer to buy it out.

Shares opened up 5.45% and at 9.22 am, they were up 10.91% at Rs 15.25 per share in a weak Mumbai market.

Source: Business Standard

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