Reliance Telecom Debt

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  Telecom Companies Recorded Rs 4.17 Lakh Crore Debt In 2021-22: Centre

  Six telecom companies -- including Airtel, Reliance Jio and Vodafone Idea -- had a total debt of Rs 4.17 lakh crore in fiscal 2021-22, Parliament was informed on Wednesday.

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  Jio-Facebook Deal Under Antitrust Review by Competition Commission of India

  India’s antitrust watchdog is reviewing Facebook's purchase of a 10 percent stake in Reliance Industries Ltd's digital assets, a deal that would give the US giant another foothold in one of the world’s fastest growing Internet markets.

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  Fundraising Spree for Reliance's Jio Platforms Values It at $65 Billion

  Reliance Industries, controlled by Asia's richest man Mukesh Ambani, was worth about $129 billion (roughly Rs. 9.87 lakh crores) as of Thursday's close. Jio Platforms' valuation puts it just ahead of the combined value of the conglomerate's oil, gas, and other businesses.

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  Reliance to Create $15 Billion Digital Unit to Pare Jio Debt

  Reliance’s new digital services company - which also includes Jio's news, movie and music apps - will also acquire Reliance's equity investment of Rs. 65,000 crores in Jio.

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  Reliance Industries' Mukesh Ambani Provides 'Support' to Brother Anil as Ericsson Debt Paid Off

  Reliance Communications said the requisite payment had been made to Ericsson to comply with an Indian Supreme Court judgement.

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  Reliance Communications Moves Appellate Court to Withdraw Ericsson Appeal

  RCom said on Friday it will seek fast-track resolution of its debt through the National Company Law Tribunal (NCLT), the country's court that deals with bankruptcy cases.

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  Reliance Jio To Buy All Wireless Assets Of RCom, 100% Proceeds To Reduce Debt

  RCom expects the transactions with Reliance Jio Infocomm to close in a phased manner between January and March 2018, subject to the lenders' and other applicable approvals.

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  RCom to Sell DTH Arm BIG TV to Pantel Tech, Veecon Media

  The move is aimed at reducing debt and benefiting all stakeholders, including lenders and shareholders, of RCom, the company said in a statement.

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  Opinion: The Contrasting Telecom Fortunes Of Mukesh And Anil Ambani

  Mukesh Ambani, India's richest man, sold 10-year dollar notes at just 130 basis points over U.S. Treasuries on Monday. None of the existing debt of Indian nonfinancial issuers, including state-owned firms, was raised this cheaply, according to Bloomberg News reporters Carrie Hong and Neha D'silva.

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  Airtel Sells $508 Million Stake To Survive Price War Started By Jio

  Telecom giant Bharti Airtel sold a half-billion-dollar stake in its mobile tower business to help shrink its debt worth Rs 91,480 crore.

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  Anil Ambani Telecom Is High-Profile Default On International Debt

  It's India's most high-profile default on international debt since the nation's insolvency and bankruptcy code was passed in May 2016.

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  Reliance Communications To Sell Big TV To Trim Debt

  Veecon Media & Television will buy 100% equity stake in Reliance Big TV Ltd.

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  RCom to Stop Voice Calls From December 1, Subscribers Can Port Till December 31

  RCom, reeling under debt of around Rs. 46,000 crores, decided to shut down its voice call services after it failed to close its wireless business merger deal with Aircel.

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  New Challenge For Lenders To Anil Ambani's Telecom And Its $7 Billion Debt

  Last week, Reliance Communications Ltd. proposed banks convert about 15 percent of the loans owed to them into a 51 percent stake, a move facilitated by the central bank's Strategic Debt Restructuring program.

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  Anil Ambani's RCom To Shut Voice Calls In A Month. Here's Why

  The Anil Ambani-led Reliance Communications is under a debt of around Rs.46,000 crore.