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Tag: rcom
RCom to sell tower assets to Tillman-TPG
2015-12-07 09:11:00| Telecompaper Headlines
(Telecompaper) Indian mobile operator Reliance Communications (RCom) has signed a non-binding agreement to sell its telecom towers to Tillman Global Holdings and private equity buyout group TPG Asia. Tillman and TPG will acquire RCom's tower assets and related infrastructure. The specified assets are intended to be transferred from Reliance Infratel into a separate special purpose vehicle that will be owned 100 percent by Tillman and TPG. RCom plans to use the proceeds of the proposed transaction to reduce its debt.
Tags: sell
assets
tower
sell assets
RCom agrees to sell towers to Tillman Capital, TPG Asia
2015-12-04 01:00:00| Total Telecom industry news
Investors also mulling separate deal for Indian operator's fibre assets.
Tags: sell
capital
asia
agrees
RCom on verge of towers sale
2015-11-25 01:00:00| Total Telecom industry news
Indian operator reportedly set to announce deal valuing Reliance Infratel at 3.1 billion this week.
RCom to acquire MTS India
2015-11-02 10:45:00| Telecompaper Headlines
(Telecompaper) Indian operator Reliance Communications (RCom) and Russia-based Sistema have signed definitive documents for the demerger of Sistema's Indian wireless business into RCom. Sistema Shyam Teleservices (SSTL) operates in India under the MTS brand. RCom will acquire around 9 million customers and INR 15 billion of annual revenues via this transaction.
Consolidation in India as RCom buys Sistema Shyam
2015-11-02 01:00:00| Total Telecom industry news
Russia's Sistema will take a 10% stake in RCom following merger of assets.
Tags: india
sistema
consolidation
buys
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