April 6th, 2018 4:04 PM 30 COMMENTS

Supreme Court Permits RCom to Proceed With Full Asset Sale to Reliance Jio

Reliance Communications (RCom), headed by Anil Ambani, yesterday received good news as the Supreme Court has vacated the stay on the sale of spectrum to the Mukesh Ambani-led Reliance Jio. As part of the massive asset monetisation, Reliance Jio to acquire assets of RCom under four categories- Towers, Optic Fiber Cable Network (OFC), Spectrum and Media Convergence Nodes (MCN). This deal was announced way back in December 2017, but the... Read More

March 10th, 2018 2:40 PM 38 COMMENTS

RCom’s Proposed Assets Sale to Reliance Jio Receives CCI Nod

The Competition Commission of India (CCI) has reportedly approved the proposed sale Reliance Communications (RCom) infrastructure assets to Reliance Jio. Reporters at PTI has confirmed the progress, and they learnt this information from two people who are familiar with the development. This news will surely boost Reliance Jio as it's expected to bolster its network infrastructure by acquiring RCom's assets. At the time of announcing the definite agreement, both the companies... Read More

December 28th, 2017 6:56 PM 140 COMMENTS

Reliance Jio Confirmed to Acquire Wireless Infrastructure of Reliance Communications

As it was rumoured earlier, Reliance Jio officially announced that it's acquiring the wireless infrastructure of Reliance Communications (RCom). The subsidiary of Reliance Industries Limited (RIL) today announced the signing of a definitive agreement for the acquisition of specified assets of RCom and its affiliates. The monetisation process of assets will be mandated by SBI Capital Markets Limited. “An asset monetisation process for RCOM assets was mandated by the lenders... Read More

December 22nd, 2017 4:58 PM 18 COMMENTS

Reliance Jio Emerged as Front-Runner to Acquire Spectrum, Tower Assets of RCom: Reports

Mukesh Ambani-led 4G entrant Reliance Jio Infocomm has reportedly emerged the front-runner to acquire the assets of Anil Ambani-led Reliance Communications (RCom), including the ailing telco's spectrum assets in the 850 MHz and 2100 MHz band. Bharti Airtel and Vodafone have already shown interest in RCom's spectrum in the 900 MHz band. “RJio is leading the talks to acquire all assets RCom intends to sell, while a number of Private... Read More

Recent Comments

Faraz :

I hope TRAI also updates tarang sanchar portal from reported information for general consumer access.

TRAI Mandates Enhanced Reporting Standards for Base Stations to Improve…

Faraz :

But Vi reduced number of sites too after merger during pandemic, but since amount of spectrum doubled, I assume they…

Vodafone Idea Needs Tariff Hikes: Analysts

Faraz :

I like how idea heavily bid for 2500 MHz (2.5 GHz) B41 in all the circles, while Vodafone only consider…

Spectrum auction 2016 aftermath- Who paid what to stay relevant…

TheAndroidFreak :

I don't think your site is well tuned. I don't think it's loaded site. Band 28 gives superb 50-80Mbps speeds…

Reliance Jio Posts Rs 5583 Crore Net Profit in Q4…

Load More