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AIRCEL RCOM DEAL
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...- NCLT approves withdrawal of RCom, Aircel merger dealThe order also approved withdrawal of demerger of tower business of Reliance Infratel to Towercom Infrastructure, the filing said.
- Tech Mahindra files petitions against Reliance Communications, subsidiaries over duesReliance Communications, which is reeling under a debt burden of about Rs 46,000 crore, recently called off merger talks with Aircel, citin...
- Reliance Communications withdraws tower demerger scheme from NCLTIn a statement Wednesday, the Anil Ambani-owned telco said it will file a fresh scheme of demerger of the towers of Reliance Infratel befor...
- Reliance Communications puts four senior executives on its boardWith the Reliance Communications-Aircel merger being called off, where does the Anil Ambani-owned telco stand?
- RCom, Aircel merger deal on sticky groundSC had earlier this year threatened to cancel Aircel’s licences if the top executives of its Malaysian parent, Maxis Berhad, continued to e...
- 'Running against time' to close Aircel deal: Reliance Communications to NCLTRepresenting the company, senior counsel told tribunal at a hearing that RCom is also in talks to address major lender China Development Ba...
- China Development Bank puts a spanner in Aircel-RCom mergerAircel had sourced equipment from Chinese vendors such as Huawei and ZTE, which are backed by loans from the Chinese banks like CDB.
- Reliance Communications to finalise 3 deals, including merger with Aircel, by mid-2017The Anil Ambani-led telecom company agreed to sell a 51% stake in Reliance Infratel, the company’s tower unit, to Canada’s Brookfield Group...
- Aircel case in Supreme Court not going to impact merger: Reliance CommunicationsRCom expects to cut down 70 per cent of its debt totalling around Rs 42,000 in 2017-18 by leveraging its assets including by merger of its ...
- Cloud over Aircel-RCom deal as Maxis’ founder Ananda Krishnan's absence irks SCThis followed the main accused in the case, former telecom minister Dayanidhi Maran and his brother and media tycoon Kalanithi Maran, being...
- Post Aircel merger, Reliance Communications says focus now on tower dealGurdeep Singh, chief executive-consumer business at RCom, didn’t talk about specifics related to tower deal, but said the company was focus...
- SBI to refinance new entity’s Rs 28,000 crore debt in the RCOM-Aircel mergerRCom will separate its wireless business and merge it with the existing unlisted Aircel, with promoters of both sides owning 50% each in th...
- Reliance Communications expecting to shortly sign a merger deal with AircelRCom will demerge its wireless business and merge it with the existing unlisted Aircel, with promoters of both sides owning 50% each in the...
- Reliance Communications, Aircel combined entity to have Rs 25K crore business"The deal is almost in final stage. The merger should be announced within 10-15 days. The resultant entity will have revenue of Rs 25K cr f...
- RCom looks to cut debt by 75 pc with Aircel, tower dealRCom and Aircel talks, if successful, would lead to a combined entity holding 19.3 per cent of the total spectrum allocated to the industry...
- RCom-Aircel extend merger deal talks again, now by a month to June 22RCom is simultaneously merging Sistema Shyam Teleservices' wireless business with itself. Under the structure being discussed, RCom is like...
- RCom-Aircel extend merger deal talks by 2 monthsThe companies have been in talks to mutually derive benefits of in-country consolidation, including opex and capex synergies and revenue en...
- RCom, Aircel, SSTL merger may create strong number 4 after Airtel, Vodafone, IdeaAs per CLSA, market leader Bharti Airtel had a 31 per cent revenue share at the end of September, No. 2 Vodafone was at 23 per cent and Ide...
- Reliance Communications, Aircel and Sistema begin talks for three-way mergerThe first phase of the broader deal could see MTS merge into RCom through a share-swap arrangement, talks for which are at an advanced stage
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