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FIBRE ASSET SALE
Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund to invest $1b in Jio fibre assetsThe two sovereign wealth funds will invest Rs 3,779 crore each ($506 million) to acquire a total 51% in Digital Fibre Infrastructure Trust ...31 Oct, 2020, 12.50 PM IST- Voda-Idea in talks with Brookfield, Edelweiss to sell assets: Sources; telco deniesIn a clarification to the stock exchange on Wednesday, Vodafone Idea however denied that it was in talks with the two companies.11 Dec, 2019, 07.22 PM IST
- Voda Idea in talks with Brookfield and Edelweiss to sell some assetsTelco seeks to raise over $2.5b from sale of fibre business, data centre to pay AGR dues.11 Dec, 2019, 08.55 AM IST
- DoT may lease out BSNL fibre networkMonetising asset will help meet telco’s apital and operational expenses.22 Jun, 2019, 06.53 AM IST
- Vodafone Idea pushing for equal stake in optic fibre venture with AirtelWhile Airtel’s network is larger, Vodafone Idea’s deployment exceeds that of its rival in metros including New Delhi and Mumbai, which deri...28 Mar, 2019, 11.47 PM IST
- Jio gets NCLT 'Ok' to demerge fibre, tower assetsThe company is seeking regulatory approvals for demerging the fibre and tower businesses into Jio Digital Fibre Pvt Ltd and Reliance Jio In...22 Mar, 2019, 09.01 PM IST
- Jio says it plans to monetise tower, fibre assets, bring in new investorsThe executive added that Jio's capex intensity will go down because the group is almost completing its broadband infrastructure roll outs.17 Jan, 2019, 10.36 PM IST
- Vodafone-Idea demerges fibre into separate unitThe move sets the stage for an early sale of Vodafone Idea’s fibre assets as the telecom market leader urgently needs to bring in cash to c...29 Nov, 2018, 09.35 PM IST
- Vodafone Idea transfers fibre network assets to subsidiaryA top VIL executive had shared the status of the planned monetisation of fibre network assets at a recent analysts meet, the brokerage said.28 Nov, 2018, 07.41 AM IST
- Reliance Communications completes sale of fibre assets to Reliance Jio for Rs 3,000 croreEarlier this month, Reliance Communications had reinstated bank guarantees worth Rs 774 crore with the telecom department ahead of the time...27 Aug, 2018, 04.40 PM IST
- RCom gains traction on asset sale to JioThe Anil Ambani-controlled RCom though has faced many hurdles on its path for asset sale.27 Aug, 2018, 12.37 PM IST
- Stay on RCom tower, fibre sale continues till April 23 after NCLAT recalls earlier orderThe Appellate court will now hear the matter of RCom seeking removal of the stay on the sale of those assets which was issued by the Nation...18 Apr, 2018, 06.17 PM IST
- Supreme Court stays NCLAT order that allowed Reliance Communication to sell tower assetsThe apex court on Monday agreed to hear the plea of HSBC Daisy Investments and some other minority shareholders who have about 4% stake in ...16 Apr, 2018, 10.46 PM IST
- NCLAT vacates stay on Reliance Infra’s tower, fibre saleThe order comes a day after the SC gave a partial relief to RComm on Thursday, allowing it to sell most of its assets to Mukesh Ambani-owne...07 Apr, 2018, 10.50 AM IST
- Supreme Court lets Reliance Communications sell spectrum & realty to Reliance Jio to pare debtRCom in December signed agreement with Reliance Jio to sell spectrum, mobile towers, fiber network and Media Convergence Node (MCN).06 Apr, 2018, 06.25 PM IST
- RCom shares rise 4% on SC reliefLenders got the go-ahead to sell RCom’s spectrum, real estate and switching nodes.06 Apr, 2018, 11.09 AM IST
- Reliance Communications says hasn't paid NCD principle due to Feb 7 amid wireless asset saleThe Anil Ambani company in a regulatory filing Friday said that the company is in the midst of asset monetisation and is working "expeditio...09 Feb, 2018, 08.45 PM IST
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