Spectrum of bankrupt telcos who owe statutory dues cannot be sold: Govt to SC"Spectrum can never be a subject of sale in IBC proceedings," solicitor general Tushar Mehta told the three-judge SC bench, headed by Justi...
10 Aug, 2020, 05.19 PM IST
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.
14 Oct, 2017, 08.25 PM IST
NCLT to hear Ericsson's RCom insolvency petition on November 9Two months back, the court had rejected Ericsson’s right to object to admitting the merger application of Aircel and RCom as the amount it ...
06 Oct, 2017, 05.46 PM IST
High debt to limit Reliance Communications' ability to renew spectrum: CLSA"High leverage will limit RCom's ability to buyback spectrum in auctions in 2021. This could drive a sharp drop in its 2G revenue coverage ...
03 Oct, 2017, 09.01 PM IST
Reliance Communications-Aircel merger: NCLT to take call on admitting case todayDoT told the tribunal that it would be appropriate for Aircel & RCom to take permission from SC since the issue with regard to 2G spectrum ...
03 Aug, 2017, 01.21 AM IST
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.
03 May, 2017, 12.22 AM IST
RCom gets stock exchange, Sebi approval for merger with AircelRCom has received approval of the Sebi, BSE and NSE for the proposed scheme of arrangement for demerger of the wireless division of the com...
16 Mar, 2017, 12.42 AM IST
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...
14 Feb, 2017, 12.03 AM IST
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 ...
13 Feb, 2017, 11.00 PM IST
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...
04 Feb, 2017, 12.25 AM IST
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...
16 Sep, 2016, 08.13 AM IST
RCom-Aircel merger expected in first week of September: ReportRCom and Aircel talks, if successful, would lead to formation of third largest telecom operator in the country with subscriber base of over...
27 Aug, 2016, 04.02 PM IST
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...
24 Jun, 2016, 05.12 AM IST
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...
23 Jun, 2016, 11.05 PM IST
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...
24 Dec, 2015, 05.56 AM IST
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
21 Oct, 2015, 07.08 AM IST
- RCom, Aircel may sign $300 mn infrastructure sharing deal
Reliance Communications' tower business Reliance Infratel is likely to enter into an end-to-end telecom infrastructure agreement with Airce...
31 Aug, 2009, 06.34 PM IST