Bharti AirtelBSE 0.18 % plans to raise $400 million (Rs 2,617.2 crore) by selling 3.5% in listed tower unit Bharti Infratel through block deals in the open market on Tuesday, said people familiar with the move, which...
American Tower to buy tower businesses from Vodafone India and Idea Cellular
American Tower Corp – * American Tower announces entry into agreements to acquire tower businesses from Vodafone India and Idea Cellular * Deal expected to generate abt $320 million in property revenue, abt $120...
Differences with lenders may hit RCom’s strategic debt restructuring plan
The strategic debt restructuring (SDR) plans of Reliance CommunicationsBSE -11.03 % appear to have hit a roadblock, with the company and its lenders sparring over the treatment of loans given by group entities to the...
NCLT seeks details of Reliance Communications dues to Ericsson
The National Company Law Tribunal (NCLT) on Thursday asked Sweedish telecom equipment and services provider Ericsson to file bank certificate detailing the amount telecom service provider Reliance CommunicationsBSE -4...
Qualcomm signs $12 billion in China deals amid Trump visit
Qualcomm Inc (QCOM.O) has signed $12 billion worth of deals with three Chinese mobile handset makers on the sidelines of a state visit to Beijing by U.S. President Donald Trump. Qualcomm signed three non-binding...
Airtel, Reliance Jio among firms keen on buying RCom stake, assets
About a dozen companies, including Bharti Airtel Ltd and Reliance Jio Ltd, have evinced interest in buying majority stake or some of the assets of debt-laden Reliance Communications (RCom). While Airtel is keen to buy a...
Qatar Foundation Endowment sells 5% stake in Airtel for Rs 9600 cr
Qatar Foundation Endowment (QFE), the non-profit organisation wholly owned by the Gulf state’s royal family, Wednesday sold its 5% stake in India’s biggest telco Bharti Airtel in a bulk deal for Rs 9,600 crore The...
Qatari investor to sell 5% stake in Bharti Airtel for Rs9,500 crore
A Qatari investor plans to sell 5% stake in top Indian telecoms carrier Bharti Airtel Ltd on Friday for about Rs9,500 crore ($1.46 billion), adding to the Gulf nation’s recent stake sales in foreign companies. Three...
RCom says in talks with parties over sale of tower biz
Debt-laden Reliance Communications today said it is renegotiating the tower business deal with all interested parties, including Brookfield Infrastructure Group. In December last year, Reliance Communications had inked...
Broadcom offers to buy mobile chipmaker Qualcomm for $103 billion
Communications chipmaker Broadcom Ltd on Monday said it offered to buy smartphone chip supplier Qualcomm Inc for $70 per share or $103 billion in cash and stock, in what would be the biggest technology acquisition ever...
Aircel may have to wind up operations post failed Reliance Communications deal
Aircel may be left with no choice but to slowly wind up operations after the scrapping of its merger with Reliance CommunicationsBSE 0.00 % (RCom), with a court diktat preventing the telco from selling its 2G or 3G...
Altice USA, Sprint agree to wireless partnership
U.S. cable operator Altice USA will sell mobile service on wireless carrier Sprint Corp’s network under a new multi-year agreement announced on Sunday, becoming the latest firm to enter the wireless market in a bid to...
