Friday, 22 June 2018

RCom on verge of towers sale

By Nick Wood, Total Telecom
Wednesday 25 November 15

Indian operator reportedly set to announce deal valuing Reliance Infratel at €3.1 billion this week.

Reliance Communications is on the cusp of announcing a deal to sell Reliance Infratel that values its towers unit at 220 billion rupees (€3.1 billion). Sources cited by the Economic Times on Tuesday expect the Indian telco to confirm the sale to a private equity firm this week…

Reliance Communications is on the cusp of announcing a deal to sell Reliance Infratel that values its towers unit at 220 billion rupees (€3.1 billion). Sources cited by the Economic Times on Tuesday expect the Indian telco to confirm the sale to a private equity firm this week…

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