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TELECOM INFRA REVENUE
Be brand adjacent and boost your coA gift from Modi to Meloni caused a rush into the wrong Parle. Investors mistook a real estate firm for a confectioner, boosting its shares...
HCL Tech shares wipe out Rs 38,000 crore as target price falls to Rs 1,165. Why every second broker is busy downgradingHCL Technologies share price plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT m...
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...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36%Whether you are a trader or an investor, there is one thing to watch carefully in the coming days: Earnings. The reason why this is importa...
Poor telecom connectivity by private operators in rural, remote areas flagged at PAC meetingDuring a parliamentary meeting, MPs voiced concerns about inadequate telecom connectivity in rural areas, particularly by private operators...
Telecom Infra revenue potential may touch Rs 31,000 crore by 2023: StudyHowever, in order to catch up with the revenue potential the sector will need investment in the range of Rs 66,000- 93,000 crore, the study...
Idea Cellular posts Q1 profit at Rs 257 crore on Rs 3,364 crore one-time gainAverage revenue per user declined to Rs 100 from Rs 105 on a QoQ basis.
Op creditors may lose money lent to AircelClaims by operational creditors may not be met with concrete recoveries, given the order of precedence.
GTL Infrastructure seeks to intervene in Aircel bankruptcy proceedingsAircel was GTL Infra’s biggest client. In its application, GTL Infra asked for travel restrictions on Aircel’s current directors to be exte...
GTL Infrastructure asks Delhi HC to block Aircel debt rejigThe matter could hinder the telecom operator’s talks with Indian lenders to restructure debt of Rs 15,500 crore, which is key to its surviv...
Lenders may push Aircel to buy GTL’s $2.5bn tower coBased on recent deal-making in telecom towers, media reports said GTL was expecting the bidders to value the company at around Rs 15,000 cr...
GTL Infrastructure to go under the hammer as early as February next yearThe auction, to be led by Ernst & Young, will entail conversion of Rs 3300 crore of debt into equity.
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.
- 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...
- Tower companies against TRAI move to impose revenue-share model
The industry lobby representing tower cos has slammed Trai for recommending that telecom infrastructure cos be brought under the revenue sh...
- GTL Infra-Rel Infratel merger to be over by mid-Aug: Tirodkar
The world's largest independent telecom masts player GTL Infrastructure said on Wednesday that it expects to complete the merger of Relianc...
- GTL completes Aircel tower buy
The deal is to create extra annual revenue of Rs 720 cr with 3% increase for next 15 yrs.
- GTL completes Aircel tower deal,sees Rs720cr revenue this fiscal
The world's largest telecom masts company GTL Infrastructure on Monday said it has completed the acquisition of 17,500 telecom towers of Ai...
- Unitech puts core back in focus, new co to bid for infra projects
Unitech will return to the infrastructure sector, riding on a newly-carved out company, as the country’s second-largest developer looks to ...
- Unitech to list demerged infra entity on stock exchanges
Seeking to leverage from its demerged infrastructure businesses, including telecom venture, Unitech on Wednesday said it would list the new...