Morgan Stanley India Infrastructure acquires stake in iBus for Rs 150 cr ...Middle East

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Morgan Stanley India Infrastructure has made an investment of Rs 150 crore (USD 21 million) to acquire a stake in tech firm iBus, a statement said. The quantum of the stake purchase was not disclosed. iBus offers in-building wireless solutions (IBS), outdoor small cells and other last-mile connectivity solutions to mobile operators to enable them to serve their customers seamlessly. The company currently deploys its infrastructure across 233 commercial, residential and retail sites across the country with tenanted area of 276 million sq ft. Founded in 2013, iBus previously raised capital from a number of investors and family offices. ''We at iBus welcome Morgan Stanley India Infrastructure a

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Last updated : 09 April 2021 clock 04:47 PM

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Morgan Stanley India Infrastructure acquires stake in iBus for Rs 150 cr ...Middle East

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