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RCom mulls $1.1bn bid for its remaining telecoms assets
2018-08-17 02:00:00| Total Telecom industry news
India's Reliance Communications (RCom) is reportedly in talks with a number of prospective buyers over the sale of its remaining telecoms assets…read more on TotalTele.com »
Tags: remaining
bid
assets
telecoms
RCom offloads spectrum to Reliance Jio in a bid to cut debt
2018-08-13 02:00:00| Total Telecom industry news
Reliance Communications (RCom) is set to sell an additional 65 MHz of spectrum in the 800MHz band to Reliance Jio, according to reports in the Indian media. According to estimates published by the Economic Times of India…read more on TotalTele.com »
RCom bondholders OK asset sales
2018-03-21 01:00:00| Total Telecom industry news
Reliance Communication bondholders on Wednesday approved the Indian telco's plan to sell a large chunk of assets to rival Reliance Jio as part of its debt reduction plan…read more on TotalTele.com »
Tags: sales
asset
bondholders
rcom
Reliance Jio to acquire RCom towers, fibre network, spectrum
2017-12-29 03:14:00| Telecompaper Headlines
(Telecompaper) Reliance Jio Infocomm announced it has signed a definitive agreement with Reliance Communications (RCom) for the acquisition of RCom's wireless assets. Jio has agreed to acquire towers, the fibre-optic cable network, spectrum and media convergence nodes from RCom and its affiliates. The assets are are expected to contribute significantly to the large-scale roll-out of wireless, FTTH and enterprise services by Reliance Jio Infocomm," the company said.
Tags: network
spectrum
acquire
reliance
RCom agrees asset sales to cut debt by 85%
2017-12-27 07:30:00| Telecompaper Headlines
(Telecompaper) Indian operator Reliance Communications (RCom) has announced an agreement with lenders to restructure its debt and exit protection from creditors, without any loan write-offs. Upon completion of all the proposed transactions, RCom's debt is expected to drop to INR 60 billion, which represents a reduction of over 85 percent.
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