je.st
news
Tag: rcom
RCom creditors oppose insolvency petition
2017-11-30 01:00:00| Total Telecom industry news
Reliance Communications on Thursday said that most of its creditors do not support an insolvency petition filed by China Development Bank (CDB). The Economic Times reported earlier this week that CBD filed the petition at India's National Company Law Tribunal (NCLT) on 24 November in a bid to recover $1…read more on TotalTele.com »
Tags: petition
oppose
creditors
insolvency
Bharti Airtel eyes RCom assets
2017-11-24 01:00:00| Total Telecom industry news
Bharti Airtel is one of several Indian operators keen on acquiring select assets from Reliance Communications, it emerged late on Thursday. Bharti confirmed in an Economic Times report its interest in some of its beleaguered rival's spectrum and network equipment…read more on TotalTele.com »
Tags: eyes
assets
airtel
bharti
RCom risks insolvency after debt default
2017-11-20 01:00:00| Total Telecom industry news
RCom is facing the possibility of going through an insolvency process, having defaulted on debt repayments last week, according to the bond trading firm SC Lowy Financial HK. An analyst at the company told Bloomberg that the valuations RCom has placed on its assets are "…read more on TotalTele.com »
Tags: default
debt
risks
insolvency
RCom withholds debt payments
2017-11-16 01:00:00| Total Telecom industry news
Reliance Communications revealed this week that it is not paying its lenders or bondholders. The disclosure was made after the Bombay Stock Exchange sought clarification from the beleaguered Indian telco regarding reports it was defaulting on repayments…read more on TotalTele.com »
Tags: payments
debt
withholds
rcom
RCom closes Sistema deal
2017-11-02 01:00:00| Total Telecom industry news
Reliance Communications this week announced the completion of its takeover of Sistema Shyam Teleservices Ltd (SSTL), just hours after it revealed plans to pull out of the consumer telecoms business in India, selling its assets in that area in order to pay down debt…read more on TotalTele.com »
Tags: deal
sistema
closes
rcom
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] next »