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RCOM DEALS
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...- 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...
- RCom-Sistema Shyam merger gets DoT approvalUnder the deal, all wireless business assets of SSTL will come under RCom. However, brand MTS will continue to operate.
- 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...
- 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...
- 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...
- 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...
- Reliance Communications' deal to sell towers will lower its debt by 60%: CLSARCom announced the signing of a term sheet with Tillman and TPG for the sale and leaseback of its 43,400 towers held by its subsidiary Reli...
- Ex-MTN CEO Phuthuma Nhleko looms large over Anil Ambani’s RCOM dealThe tough-talking Nhleko, a former CEO who expanded MTN subscriber base ten-fold, was key in calling off a deal with RCOM in 2008.
- RCom zooms on RIL deal; up 18% in two trading sessionsThough the size of the deal is small, RCom says the deal is the first in a series of agreements between the two groups.
- Rel Infratel, GTL call off merger dealReliance Infratel and GTL Infrastructure have abandoned plans to combine their tower operations due to valuation disputes, raising question...
- 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.
- GTL Infra leaps to second spot on RCOM dealWith the 50,000 towers owned by RCOM, the deal pitches GTL Infra into the No. 2 slot in India.
- RCOM merges tower biz with GTL InfraRCOM announced creation of world's largest telecom tower co with a value of Rs 50k cr.RIL may sell plot in BKC to Wadhwa Group | RIL may se...
- Haze over MTN deal as deadline passesAnil Ambani-controlled Reliance Communications (RCOM) and South African telco MTN played out their own little cliffhanger. New iPhone I Por...
- RIL, RCOM exchange hate mails over MTNThe media and public relations war escalated the day before RCOM’s 45-day exclusivity period for merger talks with MTN expires.
- RCom plans to raise $5 bn for MTN dealDeustsche Bank, HSBC and Barclays are putting in place short-term financing for RCom to finance the deal. New iPhone I Porsche's new phone
- RIL, RCOM in war of words, againMukesh Ambani’s Reliance Industries on Thursday shot off another letter to Reliance Communications, the telecommunications company run by b...
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