A&O advises Macquarie Capital on its acquisition of a majority stake in CloudExtel
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Ka Sen Wong
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News: 13 September 2023
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Allen & Overy has advised Macquarie Capital on its acquisition of majority stake in Excel Telesonic India Private Limited (CloudExtel), a leading Indian digital infrastructure operator.
CloudExtel is the only independent underground fibre network provider in Mumbai and is the largest third-party host of small cells in India. CloudExtel is also a well-known player in the rapidly growing “Network-as-a-Service” sector, providing telecommunication services and infrastructure, such as dark fibre installation, rights of way and small cells to telecom operators, internet service providers, data centres and other data-intensive content providers.
The A&O team was led by James Mythen, with corporate support from Christine Fong, Felicia Tan, James Travers, Ayushi Aurora, Ashley Chiang, Andre Tan (Singapore) and Anna-Maria Withagen (Amsterdam). Other key team members included Shuhui Kwok, Jason Gray, Jason Humphreys, Ka Sen Wong and Sheila Ahuja.