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BROOKFIELD RCOM DEAL
RCom surges 16% on resolution of legal dispute with EricssonThe settlement would help Anil Ambani-controlled telecom company to exit bankruptcy proceedings.- Reliance Communications' Rs 11,000-crore tower deal with Brookfield collapsesRCom's troubles seem far from over despite firefighting measures being initiated by the lenders. The debt-laden company will be shutting do...
- Tower cos, operators, PE cos keen on Reliance InfratelRCom’s executive director, Punit Garg, had said at a recent press conference that the company’s domestic fibre assets were valued at roughl...
- RCom gains after renegotiating deal with BrookfieldThe scrip touched its fresh 52-week high of Rs 45.65 on November 8, 2016.
- Reliance Communications reworking tower deal with Brookfield“The company is renegotiating the tower transactions with all the interested parties, including Brookfield Infrastructure Group,” RCom said...
- Brookefield calls off Reliance Communications deal after Aircel merger falls throughThe asset management company added that it was being 'patient' in pursuing the RCom deal and 'several other potential opportunities in this...
- 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...
- Brookfield may revive RCom deal planCanadian investor Brookfield will still try to salvage its acquisition of RCom towers at a revised price after RCom’s merger talks with Air...
- Reliance Communications presents debt-cut plan to lendersThe struggling telco met bankers late last week to chalk out the way ahead and update them with the latest on their planned merger with Air...
- Global PEs back Reliance Communications' plan to sell stake in tower arm to BrookfieldLast October, RCom had inked a non-binding pact with Brookfield Infrastructure Group to sell a majority 51% stake in Reliance Infratel for ...
- Cabinet may consider Brookfield’s plan to buy RCom’s stake in Reliance Infratel next weekRCom, which has defaulted on its loan servicing obligations with more than 10 local banks, also hopes to complete its deal to merge wireles...
- 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...
- RCom demerges towers into Towercom Infrastructure; to be wholly owned by BrookfieldThe move comes a day after the Anil Ambani led telco signed a deal with Brookfield Group to sell a 51% stake in the telecom company’s tower...
- Brookfield deal to reduce leverage ratio and interest burden of RComRCom has entered into an agreement with Canada headquartered Brookfield Infrastructure to sell the tower business.
- Reliance Communication signs binding pact with Brookfield for $1.6 bn tower stake saleAs per the agreement Anil Ambani owned firm will enjoy certain information and other rights, but will not be involved directly or indirectl...
- Brookfield set to seal Rs 11,000 crore RCom tower deal this weekThe Canadian fund manager, the second biggest alternate asset manager in the world, will acquire a 51% stake in the SPV while RCom will hav...
- Reliance Com signs term sheet with Brookfield to sell 51% stake in tower unit for Rs 11,000 crRCOM and Brookfield expect considerable growth in tenancies based on increasing 4G offerings by all telecom operators, and the fast acceler...
- Brookfield set to buy majority stake in Reliance Communication towers; Anil Ambani to stay on as minority partnerSources say, valuations have already been revised from an earlier Rs 21,500 crore, Brookfield is valuing the portfolio at around Rs 16,500 ...
- Brookfield Asset Management eyes Reliance Communications’ tower companyRCom, the country’s fourth-largest telco, has been seeking to pare its mammoth debt, pegged at Rs 42,000 crore.
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