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Wireless

Airtel, Jio to acquire RCom's telecom assets - report

Tuesday 26 November 2019 | 10:12 CET | News
Indian operators Bharti Airtel, Reliance Jio, Varde Capital and UV Asset Reconstruction Company have submitted bids to acquire telecom assets of bankrupt Reliance Communications (RCom), The Economic Times reports, citing unnamed people familiar with the matter said. The four interested buyers placed 11 bids for the three units, namely RCom, Reliance Telecom and Reliance Infratel. RCom's assets includes spectrum, data centres, fibre optic networks and towers.

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Categories: Mobile & Wireless
Companies: Airtel / Bharti Airtel / Infratel / RCom / Reliance Communications / Reliance Jio
Countries: India
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