KKR & Co, Stonepeak, and Macquarie eye Ascend Telecom after ATC Asset loss

KKR & Co, Stonepeak Partners, and Macquarie Capital are reportedly in discussions with merchant bankers regarding a potential investment in Ascend Telecom Infrastructure Private Ltd, India’s third-largest telecom tower company, according to a report by Mint.
This comes after the investment funds missed out on acquiring American Tower Corp’s assets in India, which went to Canada’s Brookfield.