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AIRCEL MERGER
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.- 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...
- Modi government wakes up to the sad plight of telcos, may shortly allow strugglers a smooth exitA day after RCom called off merger with Aircel citing regulatory uncertainties, government is mulling revising M&A rules for the telecom se...
- 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?
- Aircel likely to go for debt restructuringA strategic debt restructuring program (SDR) is the only option left for the Malaysia’s Maxis-owned telco that cannot adopt the bankruptcy ...
- RCom calls off Aircel merger; blames legal uncertainties, policy directives for delayAnil Ambani-led co said it expects to monetisation tower, fibre and real estate assets along with optimisation of spectrum assets to reduce...
- Aircel likely to file for bankruptcy; RCom shares take a diveFollowing the report, shares of several lenders to Aircel also came under pressure.
- We support RCom-Aircel merger, but timely payments are a concern: Manoj Tirodkar,Chairman, GTL groupAircel itself has had turbulent times along with the Indian telecom space and I admire Kaizad Heerjee (Aircel CEO) for their effective turn...
- Reliance Communications and Aircel creditors may challenge NCLT orderThe key operational creditors — those who have dues because they provide a service, not because they lent money — are Ericsson, GTL Infrast...
- NCLT approves Reliance Communications-Aircel merger, Brookfield dealThe NCLT also allowed Reliance Communications (RCOM) tower arm 51 per cent stake sale to Brookfield for Rs 11,000 crore.
- Reliance Communications board to meet on Aug 12 to review merger with AircelThe $6-billion merger of debt-ridden telecom operators RCom and Aircel has already received approvals from the Securities and Exchange Boar...
- Bharti Infratel, Indus object to RCom-Aircel mergerBoth Bharti Infratel and Indus Towers on Thursday said they needed clarity on how their dues will be paid off by RCom if the merger goes th...
- 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 ...
- RCOM gets CCI approval for Aircel mergerThe company has already received approval from the Securities and Exchange Board of India (SEBI), BSE Limited (BSE) and National Stock Exch...
- 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...
- Consolidation need of the hour in telecom industry: ICRA"The RCom-Aircel merger will extend the consolidation drive, and competitive intensity will remain high," Harsh Jagnani, VP (Corporate Rati...
- 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...
- 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...
- 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...
- Aircel lenders mull equity infusion from Maxis, merger with Tata TeleservicesThey are exploring a range of options, including a possible merger with Tata Teleservices as well as infusion of addition equity from Maxis...
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