GTL Infra, GTL not in default of debt repayment: Chairman Manoj TirodkarMost of the revenue and operating profit was accruing from the struggling GTL Infra, which provides towers to telecom companies.
05 Nov, 2014, 08.54 AM IST
- GTL Infrastructure promoters infuse Rs 931 crore in the company
GTL Infrastructure issued compulsorily convertible debentures to lenders and the promoter group has infused Rs 931 crore into it.
17 Jul, 2012, 08.36 PM IST
- Tower deal: GTL Infra may get Rs 1,000 crore from Aircel
GTL Infra may get about 1,000 crore from Aircel since it will not be able to deliver on its promise to rent 20,000 additional towers by mid...
22 Feb, 2012, 05.48 AM IST
- FCCB payout may put pressure on Reliance Communications for tower stake sale
Redemption of outstanding foreign currency bonds nudge Anil Ambani’s hand on the sale or lease of 50,000-odd telecom towers.
24 Dec, 2011, 04.00 AM IST
- Global Holdings Corp pledges nearly 98 pc stake in GTL
Global Holdings Corp has pledged nearly 98 per cent of its shareholding - worth over Rs 164.67 crore - in GTL.
31 Jul, 2011, 11.58 AM IST
- Reliance Industries conducting due diligence on Aircel, may make offer for controlling stake
Aircel has close to 60 million customers and 2G spectrum licenses to operate in 22 circles across India. It has a total debt of close to Rs...
13 Jul, 2011, 01.52 PM IST
- GTL Ltd, GTL Infra nosedive; debt repayment, fund raising weighs
Shares in GTL group companies tanked on Monday due to concerns of pledged shares, debt repayment and margin funding issues.
20 Jun, 2011, 04.35 PM IST
- GTL promoters have not sold any share: Manoj Tirodkar
According to the management, however, the company’s pledged shares have not been sold, its business as usual for the company and fundamenta...
20 Jun, 2011, 03.50 PM IST
- Infotel raises $500 mn from RBS team
Royal Bank of Scotland-led consortium offers funds at a rate of 250-300 bps over libor. It has already presented the cheque to RIL’s Infote...
31 Jul, 2010, 12.37 AM IST
- GTL completes Aircel tower buy
The deal is to create extra annual revenue of Rs 720 cr with 3% increase for next 15 yrs.
20 Jul, 2010, 04.47 AM IST
RCOM deal is a synergistic fit: Manoj TirodkarGTL Infrastructure is making waves in the telecommunication tower market for the second time in the year. After closing the largest acquisi...
29 Jun, 2010, 12.18 AM IST
- Why Anil Ambani decided to dial GTL?
The $11-billion GTL-RCOM deal is being hailed as the beginning of an era of collaboration over competition.
28 Jun, 2010, 12.44 PM IST
- GTL profit slips 21% to Rs 32 cr
Network services provider GTL posted 21% decline in net profit at Rs 32.14 crore during the third fiscal quarter following higher interest ...
16 Jan, 2009, 01.38 AM IST
‘We plan to expand through M&As’GTL group founder and managing director, Manoj G Tirodkar in conversation with ET talked about his business expansion plans in Network serv...
03 Jan, 2009, 02.20 AM IST
- GTL promoters to hike stake in telecom tower arm
The promoters of network services provider GTL are keen to increase their stake in the group’s telecom towers arm-GTL Infrastructure. To ac...
11 Jun, 2008, 12.20 AM IST
- GTL, Ericsson in mobile network pact
Telecom network services provider GTL is aiming at a slice of the managed network infrastructure (MNI) services market in the UK.
06 Feb, 2008, 04.49 AM IST
- Mobile cos will need 2.64 lakh new towers by 2010
Mobile operators who have lined up a massive $20 billion programme to expand their networks would need to install additional 2.64 lakh towe...
10 Jun, 2007, 10.50 AM IST