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MEDIA CONVERGENCE NODES
Ericsson settlement deal row: RCom seeks 60 days more for payment citing pending spectrum saleRCom maintained it has already filed an application on September 28 in the apex court seeking extension of time for making payment to the S...
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...
RCom says holders of $300 million bonds to be repaid via cash, bonds of Global Cloud XchangeThe Global Cloud Xchange bonds will be unsecured and carry a coupon of 0.1 per cent with maturity of four years.
Reliance Communications sells nodes worth Rs 2,000 crore to JioRcom expects to raise about Rs 18,000 crore by selling the wireless assets to Jio and real estate assets to Canada’s Brookfield, and reduce...
Desperately need to sell towers & fibre in public interest, Reliance Infratel tells NCLATThe case will be heard next on May 14, and then HSBC Daisy Investments and minority shareholders will argue their side on May 16 and 17.
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).
CCI clears RCom's plans to sell infra assets to Jio"@CCI_India approves acquisition of RCOM's towers, optic fiber cable, right to use spectrum and media convergence nodes by RJIO," the anti-...
Reliance Communications moves Bombay HC against arbitration court order barring sale of assetsThe order came in an arbitration battle being fought between Ericsson and RCom with the Swedish equipment maker trying to recover its dues ...
ATC moves Delhi HC seeking surety for Rs 100.6-Cr RCom duesIn its petition, ATC said RCom’s responses to its demand to pay the dues were “evasive/non-committal”, indicating a “mala-fide intent” to a...
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...
Union Bank classified Reliance Communications as NPA in December 2017 quarterThe development comes at a time when the telecom company is undergoing debt restructuring which involves selling some of it's assets to red...
RCom Q3 loss narrows to Rs 130 crore on exit from wireless ops
RCom says not paying interest on NCDs till rejig completionThe move comes close on the heels of a mega deal with Jio announcement late last month.
Trai asks RCom to keep porting codes active till Jan-end following customer complaintsThe Telecom Regulatory Authority of India had originally asked the company to keep these UPCs active till December 31.
RCom promoter seeks release of 33 crore pledged shares after stock surgeShares for Rcom rallied for the fourth trading day to close at Rs 36.22 on BSE on Friday.
Reliance Jio to buy out RCom’s wireless assetsThis agreement also came about a decade after the brothers divided the Ambani empire between with them, with the telecom interests going to...
Ambani to Ambani's rescue! Jio to buy RCom assets, inks pactAnil Ambani led Reliance Communications said that it will utilise the proceeds of the monetisation of this cash deal solely for pre-payment...