Monday, June 8, 2009

ANG Auto, US firm ink pact for mobile tower solutions

Trailer maker ANG Auto on Monday said it has entered into a joint venture with TowerWorx USA to produce and market mobile tower solutions in the country.

TowerWorx India (P) Ltd, the 50:50 JV company, would start operations in India from August, ANG Auto said in a filing to the Bombay Stock Exchange.

The JV would bring substantial technological benefit to the mobile telecom companies in terms of multiple carrier capability and rapid deployment capability of the towers, the filing added.

TowerWorx is one of the largest mobile tower producer in the US having a large consumer base across the globe, including AT&T, T Mobile and Verizon.

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