Rcom Aircel
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Aircel Files For Bankruptcy Amid Mounting Losses: 5 Things To Know
Talks between Aircel, and RCom to combine their wireless operations ended late 2017 owing to regulatory and legal uncertainties, and interventions by various parties.
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Idea Suspends Interconnect Services With Aircel Over Unpaid Dues
Idea said it will restore interconnect services immediately after Aircel makes the payment, but did not specify the outstanding amount.
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Aircel Not Shutting Operations Partially
Aircel says it is making efforts to build a profitable business.
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CARE Downgrades Aircel Ratings As Firm Delays Debt Repayments
Aircel has delayed payment of interest on its debt obligations on account of its "weak liquidity position," CARE said.
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Brookfield Now Eyes Mobile Towers After Deal With RCom Collapses
The deal with Brookfield hinged on RCom's merging its mobile operations with Aircel but the merger was called off last month due to regulatory delays and legal uncertainties.
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Reliance Communications Says It's Agreed To New Loan Repayment Plan
RCom said it would repay lenders an additional Rs 10,000 crore through the sale and commercial development of its real estate near Mumbai and in eight other cities.
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Reliance Communications To Shut Down 2G Mobile Business In A Month
The company has also asked a number of employees to quit as part of its winding up of the operations, say sources.
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Company Law Tribunal Approves Withdrawal Of RCom, Aircel Merger Deal
RCom, which is reeling under a debt of about Rs 46,000 crore, had called off merger talks with Aircel, citing "legal and regulatory" delays and "various interventions by vested interests".
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Mobile Consolidation Speeding Up, Will Benefit Top Telcos: CLSA
Consolidation in India mobile is set to accelerate and this bodes well for top operators, presenting them with an opportunity to outpace the sector growth, CLSA said.
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Reliance Communications (RCom) Applies To Withdraw Towers Spin-Off
At the weekend, RCom said it and Aircel mutually agreed to scrap merger talks.
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Aircel Files For Bankruptcy Amid Mounting Losses: 5 Things To Know
Talks between Aircel, and RCom to combine their wireless operations ended late 2017 owing to regulatory and legal uncertainties, and interventions by various parties.
-
Idea Suspends Interconnect Services With Aircel Over Unpaid Dues
Idea said it will restore interconnect services immediately after Aircel makes the payment, but did not specify the outstanding amount.
-
Aircel Not Shutting Operations Partially
Aircel says it is making efforts to build a profitable business.
-
CARE Downgrades Aircel Ratings As Firm Delays Debt Repayments
Aircel has delayed payment of interest on its debt obligations on account of its "weak liquidity position," CARE said.
-
Brookfield Now Eyes Mobile Towers After Deal With RCom Collapses
The deal with Brookfield hinged on RCom's merging its mobile operations with Aircel but the merger was called off last month due to regulatory delays and legal uncertainties.
-
Reliance Communications Says It's Agreed To New Loan Repayment Plan
RCom said it would repay lenders an additional Rs 10,000 crore through the sale and commercial development of its real estate near Mumbai and in eight other cities.
-
Reliance Communications To Shut Down 2G Mobile Business In A Month
The company has also asked a number of employees to quit as part of its winding up of the operations, say sources.
-
Company Law Tribunal Approves Withdrawal Of RCom, Aircel Merger Deal
RCom, which is reeling under a debt of about Rs 46,000 crore, had called off merger talks with Aircel, citing "legal and regulatory" delays and "various interventions by vested interests".
-
Mobile Consolidation Speeding Up, Will Benefit Top Telcos: CLSA
Consolidation in India mobile is set to accelerate and this bodes well for top operators, presenting them with an opportunity to outpace the sector growth, CLSA said.
-
Reliance Communications (RCom) Applies To Withdraw Towers Spin-Off
At the weekend, RCom said it and Aircel mutually agreed to scrap merger talks.
