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TOWERCOM INFRASTRUCTURE
Reliance Infratel approves Brookfield merger, to get Rs 11,000 crore in cashThe telco, as a part of largest overseas investment in the infrastructure segment in the country, will receive of Rs 11,000 crore which is ...- 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...
- NSR’s Chachondia may helm Brookfield’s tower businessLate December, Brookfield had agreed to buy 100% equity in TowerCom Infrastructure, the SPV in which RCom has hived off its telecom towers.
- 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...
- CCI approves sale of Reliance Infratel's towers to Brookfield"A company which is a part of the Brookfield Infrastructure Group, will acquire 100% of Towercom Infrastructure Private Ltd.,” the company ...
- CCI okays sale of Reliance Infratel tower unit to BrookfieldRCom said it has already filed an application with the National Company Law Tribunal (NCLT), Mumbai Bench, for approval of the said scheme ...
- 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...
- Reliance Communication incorporates new infrastructure companyThe subsidiary has been formed with a subscribed and paid up capital of Rs 1,00,000, the statement said.
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