Reliance Communications Tower Deal
-
{
- All
- News
-
Jio Seeks to Deposit Rs. 3,720 Crore in Escrow Account to Acquire Reliance Infratel's Tower, Fibre Assets
Jio has proposed to deposit Rs 3,720 crore in an escrow account in order for the company to complete its acquisition of Reliance Infratel's tower and fibre assets. The company has stated that a delay in acquisition of the assets due to inter-creditor disputes will deteriorate the value of assets. The telecom operator placed a bid in November 2019 t...
-
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 Chief Anil Ambani Not To Take Salary This Year
Reliance Communications has defaulted on some of the payments to lenders and it has received time till December for strategic restructuring plan under which it will get a 7-month standstill to service loans amounting to Rs 45,000 crore.
-
Reliance Communications, Aircel in Talks to Merge Mobile Business
The potential deal will exclude Reliance Communications' tower and optical fibre assets for which a separate sale process is ongoing.
-
RIL, RCOM strike Rs. 12,000 crore telecom tower deal
Billionaire Ambani brothers on Friday announced a Rs. 12,000-crore deal, wherein Mukesh will use towers owned by RCOM for launch of his telecom venture.
-
Jio Seeks to Deposit Rs. 3,720 Crore in Escrow Account to Acquire Reliance Infratel's Tower, Fibre Assets
Jio has proposed to deposit Rs 3,720 crore in an escrow account in order for the company to complete its acquisition of Reliance Infratel's tower and fibre assets. The company has stated that a delay in acquisition of the assets due to inter-creditor disputes will deteriorate the value of assets. The telecom operator placed a bid in November 2019 t...
-
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 Chief Anil Ambani Not To Take Salary This Year
Reliance Communications has defaulted on some of the payments to lenders and it has received time till December for strategic restructuring plan under which it will get a 7-month standstill to service loans amounting to Rs 45,000 crore.
-
Reliance Communications, Aircel in Talks to Merge Mobile Business
The potential deal will exclude Reliance Communications' tower and optical fibre assets for which a separate sale process is ongoing.
-
RIL, RCOM strike Rs. 12,000 crore telecom tower deal
Billionaire Ambani brothers on Friday announced a Rs. 12,000-crore deal, wherein Mukesh will use towers owned by RCOM for launch of his telecom venture.
