The Globe and Mail reports in its Thursday edition that Brookfield Asset Management is vying with American Tower for the wireless towers of two operators in India, which could fetch a combined $2.03-billion (U.S.). A Bloomberg dispatch to The Globe says that Idea Cellular and Vodafone Group PLC are in talks with the two North American companies about a sale of their telecommunications infrastructure. Vodafone and Idea, which agreed this week to merge their Indian operations, are running separate sale processes, though the assets may be sold to a single buyer for better returns. Indian billionaire Kumar Mangalam Birla's Idea said it will combine with the European operator's local operations to create the country's largest wireless carrier with a $23-billion (U.S.) enterprise value. The combined company will be able to better compete with billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd., which stormed into the market last year offering free calls and data, pressuring carriers to consolidate. The sale price for the towers could be affected by the pending merger of Idea and Vodafone's Indian operations, which may hit their tenancy levels. Brookfield closed Wednesday at $47.57, down 48 cents.