独家
Bharti Airtel眼睛频谱,信实电信的设备
一位业内人士表示,这是不太可能的追求者会大举收购广播不再有任何频谱短缺的国家。
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BSNL测试本地4 g技术现场网络
开发的设备,远程信息技术开发中心和塔塔咨询服务公司(TCS)已经测试一个静态网络上同时处理1000万个电话。现场网络上测试成功之后,更广泛的推广将开始,公司的一名高级官员不愿透露姓名的说。
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新德里消息:Bharti Airtel有兴趣购买选择光谱Reliance Communications(和一些设备信实电信)过程由银行出售资产的Anil Ambani-owned电信的一块一块的,恢复一些部分欠大约45000卢比。
“我们已经表达了我们的兴趣只在购买选择光谱和一些设备,”发言人Bharti Airtel,印度顶级电信等在电子邮件中说,当被问及对其感兴趣的资产被放在RCom块负债累累的电信的银行。销售过程可能因此看到Airtel竞争依赖Jio在850 MHz频段频谱- 4 g服务被认为是高效的收益去银行。RCom出售的资产,包括频谱、网络设备和纤维,所引发的利益部门的许多公司,包括塔提供者像印度一样,鼓吹和加拿大的布鲁克菲尔德塔。
一个行业内部人士表示,这是不太可能的追求者会大举收购电视不再有任何频谱短缺。
信实Jio鼓吹,印度河塔和布鲁克菲尔德并未对此事作出回应的截稿时间RCom股价下跌2.9%,至13.60结束一天架atRs周四疯牛病,盯住市值在3385 .01crore Rs。
据两人意识到发展,银行由几家当地和国际银行任命了印度国家银行帽——RCom顶尖银行的投行部门印度国家银行(SBI)——寻求利益的电信资产。他们补充说,提案请求(rfp)的资产包括光谱,网络设备和纤维资产已经发布。
“项目意向书(列入意向书)来自几乎每一个人。现在,他们已经三周提交非约束性报价——12月12 - 13日,然后基于数字(投标值),尽职调查将,”这个人说。
“资产不一定会卖给一个公司,”这个人说,表明销售将在一块做餐的方式取决于它生成的值。第二个来源说,瑞士信贷(Credit Suisse)试图让投资者——实体RCom的其余部分将包括海底电缆业务,数据中心和企业业务的多数股权。
印度国家银行帽和瑞士信贷(Credit Suisse)拒绝评论查询寻求确认。信实电信也没有新闻评论的时间。20多个银行借给RCom,印度国家银行与2375卢比的最大曝光其次是旁遮普国家银行(1350卢比)和IDBI银行(1230卢比)。电信也有10亿美元的贷款中国的银行。
“我们已经表达了我们的兴趣只在购买选择光谱和一些设备,”发言人Bharti Airtel,印度顶级电信等在电子邮件中说,当被问及对其感兴趣的资产被放在RCom块负债累累的电信的银行。销售过程可能因此看到Airtel竞争依赖Jio在850 MHz频段频谱- 4 g服务被认为是高效的收益去银行。RCom出售的资产,包括频谱、网络设备和纤维,所引发的利益部门的许多公司,包括塔提供者像印度一样,鼓吹和加拿大的布鲁克菲尔德塔。
一个行业内部人士表示,这是不太可能的追求者会大举收购电视不再有任何频谱短缺。
信实Jio鼓吹,印度河塔和布鲁克菲尔德并未对此事作出回应的截稿时间RCom股价下跌2.9%,至13.60结束一天架atRs周四疯牛病,盯住市值在3385 .01crore Rs。
据两人意识到发展,银行由几家当地和国际银行任命了印度国家银行帽——RCom顶尖银行的投行部门印度国家银行(SBI)——寻求利益的电信资产。他们补充说,提案请求(rfp)的资产包括光谱,网络设备和纤维资产已经发布。
“项目意向书(列入意向书)来自几乎每一个人。现在,他们已经三周提交非约束性报价——12月12 - 13日,然后基于数字(投标值),尽职调查将,”这个人说。
“资产不一定会卖给一个公司,”这个人说,表明销售将在一块做餐的方式取决于它生成的值。第二个来源说,瑞士信贷(Credit Suisse)试图让投资者——实体RCom的其余部分将包括海底电缆业务,数据中心和企业业务的多数股权。
NEW DELHI: Bharti Airtel<\/a> is interested in buying select spectrum<\/a> and some equipment of Reliance Communications (RCom<\/a>) under a process being run by its lenders to sell assets of the Anil Ambani-owned telco piece by piece and recover some portions of the roughly Rs 45,000 crore that it owes them.
\u201cWe have expressed our interest only in buying select spectrum and some equipment,\u201d a spokesperson for Bharti Airtel, India\u2019s top telco, said in an email to ET, when asked about its interest in RCom\u2019s assets being put on the block by the debt-ridden telco\u2019s lenders. The sale process could thus see Airtel vying with Reliance Jio<\/a> for the spectrum in the 850 MHz band \u2014 considered highly efficient for 4G services \u2014 with the proceeds going to the lenders. The sale of RCom\u2019s assets, including spectrum, network equipment and fibre, has evoked interest of many of the companies in the sector, including from tower providers like Indus, Bharti Infratel<\/a> and Canada\u2019s Brookfield for towers.
An industry<\/a> insider said that it was unlikely that the suitors would bid aggressively for the airwaves as there is no longer any spectrum shortage in the country.
\u201cWe have expressed our interest only in buying select spectrum and some equipment,\u201d a spokesperson for Bharti Airtel, India\u2019s top telco, said in an email to ET, when asked about its interest in RCom\u2019s assets being put on the block by the debt-ridden telco\u2019s lenders. The sale process could thus see Airtel vying with Reliance Jio<\/a> for the spectrum in the 850 MHz band \u2014 considered highly efficient for 4G services \u2014 with the proceeds going to the lenders. The sale of RCom\u2019s assets, including spectrum, network equipment and fibre, has evoked interest of many of the companies in the sector, including from tower providers like Indus, Bharti Infratel<\/a> and Canada\u2019s Brookfield for towers.
An industry<\/a> insider said that it was unlikely that the suitors would bid aggressively for the airwaves as there is no longer any spectrum shortage in the country.
<\/div><\/div>![\"Bharti](\"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
Reliance Jio, Bharti Infratel, Indus Towers and Brookfield did not respond to queries as of press time RCom\u2019s stock fell 2.9% to end the day atRs 13.60 on the BSE on Thursday, pegging its market cap at Rs 3,385.01crore.
According to two people aware of the developments, lenders comprising several local and international banks have appointed SBI<\/a> Cap \u2014 the investment banking arm of RCom\u2019s top lender State Bank of India (SBI) \u2014 to seek interests for the telco\u2019s assets. They add that request for proposals (RFPs) for assets including spectrum, network equipment and fibre assets have already been issued.
\u201cExpression of interest (EoIs) have come from practically everyone. Now, they have three weeks to submit non-binding offers \u2014 by December 12-13 \u2014 and then based on the numbers (bid value), the due diligence will take place,\u201d the person said.
\u201cAn asset won\u2019t necessarily be sold to just one company,\u201d the person added, indicating that the sale will be done in a piece meal manner depending on the value it generates. A second source said Credit Suisse was trying to get investors into the rest of RCom \u2014 the entity that will comprise its undersea cable business, data centres and the enterprise business \u2014 for taking majority stake.
Reliance Jio, Bharti Infratel, Indus Towers and Brookfield did not respond to queries as of press time RCom\u2019s stock fell 2.9% to end the day atRs 13.60 on the BSE on Thursday, pegging its market cap at Rs 3,385.01crore.
According to two people aware of the developments, lenders comprising several local and international banks have appointed SBI<\/a> Cap \u2014 the investment banking arm of RCom\u2019s top lender State Bank of India (SBI) \u2014 to seek interests for the telco\u2019s assets. They add that request for proposals (RFPs) for assets including spectrum, network equipment and fibre assets have already been issued.
\u201cExpression of interest (EoIs) have come from practically everyone. Now, they have three weeks to submit non-binding offers \u2014 by December 12-13 \u2014 and then based on the numbers (bid value), the due diligence will take place,\u201d the person said.
\u201cAn asset won\u2019t necessarily be sold to just one company,\u201d the person added, indicating that the sale will be done in a piece meal manner depending on the value it generates. A second source said Credit Suisse was trying to get investors into the rest of RCom \u2014 the entity that will comprise its undersea cable business, data centres and the enterprise business \u2014 for taking majority stake.
<\/div><\/div>SBI Cap and Credit Suisse declined to comment on queries seeking confirmation. RCom also did not comment as of press time. More than 20 banks have lent to RCom, of which SBI with Rs 2,375 crore has the largest exposure followed by Punjab National Bank (Rs 1,350 crore) and IDBI Bank (Rs 1,230 crore). The telco also has $1 billion in loans from Chinese banks<\/a>. <\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"16.0","minfoseo":"16-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"HashCode":{"minfo":"-596874840","minfoseo":"-596874840"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"canonicalURL":{"minfo":"https:\/\/economictimes.indiatimes.com\/tech\/internet\/airtel-eyes-spectrum-equipment-of-rcom\/articleshow\/61774112.cms","minfoseo":"https\/economictimes-indiatimes-com\/tech\/internet\/airtel-eyes-spectrum-equipment-of-rcom\/articleshow\/61774112-cms"},"NumberOfCharacters":{"minfo":"2905.0","minfoseo":"2905-0"},"NumberOfWords":{"minfo":"465.0","minfoseo":"465-0"},"key":{"0":{"keyid":"6368075","value":"RCom","smid":"0","keynameseo":"RCom","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"6359803","value":"spectrum","smid":"0","keynameseo":"spectrum","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"13222","value":"SBI","smid":"0","keynameseo":"SBI","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"6354504","value":"Reliance Jio","smid":"0","keynameseo":"Reliance-Jio","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"330499","value":"Chinese banks","smid":"0","keynameseo":"Chinese-banks","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"88178","value":"Bharti Infratel","smid":"0","keynameseo":"Bharti-Infratel","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"6354287","value":"Bharti Airtel","smid":"0","keynameseo":"Bharti-Airtel","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Gulveen Aulakh","aunameseo":"gulveen-aulakh","artauid":"19656","artauemail":"gulveenaulakh@gmail.com","auselfimageid":"19656","auimageid":"0019656","auimagelen":"27429","auFullName":"Gulveen","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"I cover India's telecom sector from multiple aspects including policy, regulatory, corporate and litigation, for The Economic Times, the largest financial daily. I also cover devices and handset makers in India, and I can say that I'm partly responsible for making this section's coverage a separate one for the industry. Having spent more than a decade in journalism covering retail, IT, aviation, state level politics and now telecom, getting deep-dive, holistic and insightful picture on any story has become a mainstay. You can reach me on gulveen.aulakh@timesgroup.com and on Twitter - @gulveenaulakhET","details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":"88675387","auagencyname":"ET Bureau","autype":"GENERAL"}},"similarlytagged":[{"msid":"97251202","stname":"RCom: 2 units will sell properties, including DAKC","artsyn":"\u201c\u2026the board of directors of two wholly owned RCom subsidiaries, RRL and CPL (referred to as `selling companies\u2019) have vide their respective board resolutions approved initiation of sale process for certain properties owned by such selling companies\u2026these properties inter alia include the DAKC,\u201d RCom said in an exchange filing Monday.","seolocation":"telecomnews\/rcom-2-units-will-sell-properties-including-dakc","seolocationalt":"RCom: 2 units will sell properties, including DAKC","url_seo":"rcom-2-units-will-sell-properties-including-dakc"},{"msid":"96274265","stname":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","artsyn":"In November, RCom that housed Anil Ambani-owned Reliance Group\u2019s telecom business, had said that Axis Trustee Services Ltd. had told the telco of its intention to invoke and sell 100% of equity shares in GIDC to a third party.","seolocation":"telecomnews\/axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans","seolocationalt":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","url_seo":"axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans"},{"msid":"95656883","stname":"NCLT clears Jio buy of Reliance Infratel","artsyn":"Jio, which is rolling out 5G networks starting with the metros and bigger cities and needs all the towers and fibre assets for the purpose, is to deposit Rs 3,720 crore in a State Bank of India (SBI) escrow account to complete the acquisition of bankrupt Reliance Communications\u2019 tower and fibre assets, people familiar with the matter said.","seolocation":"telecomnews\/nclt-clears-jio-buy-of-reliance-infratel","seolocationalt":"NCLT clears Jio buy of Reliance Infratel","url_seo":"nclt-clears-jio-buy-of-reliance-infratel"},{"msid":"95453659","stname":"RCom unit sold to third party for non-repayment of loans","artsyn":"RCom held 100% stake in GIDC through another subsidiary Reliance Webstore Limited (RWSL). In August 2016, RCom and Reliance Infratel Limited had taken loans Rs 565 crore and Rs 635 crore respectively from the State Bank of India. In September that year, the telco pledged 100% of its shareholding in GIDC to the bank against the loan.","seolocation":"telecomnews\/rcom-unit-sold-to-third-party-for-non-repayment-of-loans","seolocationalt":"RCom unit sold to third party for non-repayment of loans","url_seo":"rcom-unit-sold-to-third-party-for-non-repayment-of-loans"},{"msid":"95341787","stname":"Jio moves NCLT for early resolution of Reliance Infratel bankruptcy process","artsyn":"Accordingly, Jio has urged NCLT-Mumbai to issue directions to RTIL\u2019s financial creditors to provide the necessary no-dues-certificate to it to speed up the much-delayed RTIL bankruptcy resolution process.","seolocation":"telecomnews\/jio-moves-nclt-for-early-resolution-of-reliance-infratel-bankruptcy-process","seolocationalt":"Jio moves NCLT for early resolution of Reliance Infratel bankruptcy process","url_seo":"jio-moves-nclt-for-early-resolution-of-reliance-infratel-bankruptcy-process"},{"msid":"92681340","stname":"\u200bRCom fails to attract buyers for non-core assets","artsyn":"These assets included land in Pune (871.1 sq metres) and Chennai (3.44 acres); offices in Chennai's Haddows Road and Bhubaneswar; and shares of Campion Properties Ltd and Reliance Realty.","seolocation":"telecomnews\/rcom-fails-to-attract-buyers-for-non-core-assets","seolocationalt":"\u200bRCom fails to attract buyers for non-core assets","url_seo":"rcom-fails-to-attract-buyers-for-non-core-assets"},{"msid":"85027660","stname":"Vodafone Idea lenders fret over \u2018too big to fail\u2019 telco giant","artsyn":"A day after Kumar Mangalam Birla\u2019s letter warning that Vodafone Idea (VIL) may reach an \u201cirretrievable point of collapse\u201d became public, banks are worried about the fate of the telecom major which, they say, is \u201ctoo big to fail\u201d.","seolocation":"telecomnews\/vodafone-idea-lenders-fret-over-too-big-to-fail-telco-giant","seolocationalt":"Vodafone Idea lenders fret over \u2018too big to fail\u2019 telco giant","url_seo":"vodafone-idea-lenders-fret-over-too-big-to-fail-telco-giant"},{"msid":"84585089","stname":"DoT can't revoke RCom's licenses for 10 more days: High Court","artsyn":"DoT on Tuesday told the court that RCom is a \"dead horse that is getting beaten to revive it unlike other telcos which still have their licenses valid.\"","seolocation":"telecomnews\/dot-cant-revoke-rcoms-licenses-for-10-more-days-high-court","seolocationalt":"DoT can't revoke RCom's licenses for 10 more days: High Court","url_seo":"dot-cant-revoke-rcoms-licenses-for-10-more-days-high-court"},{"msid":"84377076","stname":"NCLT to hear RCom case on July 15","artsyn":"Last Thursday, the bankrupt telco informed NCLT that DoT is unlikely to renew RCom\u2019s licence on July 27 and when they expire, and if that happens, there will be nothing left in the carrier to sell.","seolocation":"telecomnews\/nclt-to-hear-rcom-case-on-july-15","seolocationalt":"NCLT to hear RCom case on July 15","url_seo":"nclt-to-hear-rcom-case-on-july-15"},{"msid":"84246513","stname":"Termination of telecom license to kill RCom resolution: Bankruptcy court told","artsyn":"According to the lawyer, senior advocate Ravi Kadam has informed the court on behalf of the resolution professional (RP), that without license , the entire corporate insolvency resolution process (CIRP), will fall apart.","seolocation":"telecomnews\/termination-of-telecom-license-to-kill-rcom-resolution-bankruptcy-court-told","seolocationalt":"Termination of telecom license to kill RCom resolution: Bankruptcy court told","url_seo":"termination-of-telecom-license-to-kill-rcom-resolution-bankruptcy-court-told"},{"msid":"84164851","stname":"RCom hits lower circuit after DoT refuses to renew licence","artsyn":"Shares of Reliance Communication tanked 5 per cent, its daily circuit limit, to Rs 3.36 on Tuesday. However, the counter settled at Rs 3.53 on Monday. BSE Sensex was trading at 52,961.90, up by 81.9 points or 0.15 per cent at the time of writing this report. The DoT refused to renew the telecom licence of the Anil Ambani led firm unless it clears its statutory dues of Rs 26,000 crore.","seolocation":"telecomnews\/rcom-hits-lower-circuit-after-dot-refuses-to-renew-licence","seolocationalt":"RCom hits lower circuit after DoT refuses to renew licence","url_seo":"rcom-hits-lower-circuit-after-dot-refuses-to-renew-licence"},{"msid":"84058254","stname":"Gulshan Khurana likely to replace Vodafone Idea's Mudit Agarwal","artsyn":"In January 2019, Khurana joined the US-based technology company Oracle as strategic sales consulting lead for Asia Pacific and Japan region, and also previously worked with networking major Cisco as a CTO for India and SAARC region.","seolocation":"telecomnews\/gulshan-khurana-likely-to-replace-vodafone-ideas-mudit-agarwal","seolocationalt":"Gulshan Khurana likely to replace Vodafone Idea's Mudit Agarwal","url_seo":"gulshan-khurana-likely-to-replace-vodafone-ideas-mudit-agarwal"},{"msid":"83561631","stname":"SAT reduces Sebi's penalty on CARE Ratings to Rs 10 lakh in Reliance Communications case","artsyn":"The tribunal has affirmed the regulator's order with regard to the violation by CARE Ratings under the provisions of the Sebi Act and the CRA (Credit Rating Agency) rule.","seolocation":"telecomnews\/sat-reduces-sebis-penalty-on-care-ratings-to-rs-10-lakh-in-reliance-communications-case","seolocationalt":"SAT reduces Sebi's penalty on CARE Ratings to Rs 10 lakh in Reliance Communications case","url_seo":"sat-reduces-sebis-penalty-on-care-ratings-to-rs-10-lakh-in-reliance-communications-case"},{"msid":"82127232","stname":"Aircel & RCom steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian, foreign banks","artsyn":"The National Company Law Appellate Tribunal (NCLAT) ruling of last week in the Aircel Vs. Department of Telecommunications (DOT) case has cast a shadow on the resolution plans of Aircel and Reliance Communication Ltd. (RCom).","seolocation":"telecomnews\/aircel-rcom-steering-towards-liquidation-resulting-in-rs-60000-cr-npa-for-indian-and-foreign-banks","seolocationalt":"Aircel & RCom steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian, foreign banks","url_seo":"aircel-rcom-steering-towards-liquidation-resulting-in-rs-60000-cr-npa-for-indian-and-foreign-banks"},{"msid":"82076968","stname":"Aircel lenders to move SC as appellate tribunal bars spectrum sale","artsyn":"Lenders were hoping to recover Rs 25,000-30,000 crore from Aircel and RCom resolution plans under the Insolvency and Bankruptcy Code (IBC) against their claims of over Rs 1,16,000 crore.","seolocation":"telecomnews\/aircel-lenders-to-move-sc-as-appellate-tribunal-bars-spectrum-sale","seolocationalt":"Aircel lenders to move SC as appellate tribunal bars spectrum sale","url_seo":"aircel-lenders-to-move-sc-as-appellate-tribunal-bars-spectrum-sale"},{"msid":"80131455","stname":"HC asks SBI to maintain status quo on accounts of RCom, Reliance Telecom, Infratel","artsyn":"According to the plea, the circular allows banks to declare an account as fraud without giving any prior notice or communication to the account holder against the principles of natural justice.","seolocation":"telecomnews\/hc-asks-sbi-to-maintain-status-quo-on-accounts-of-rcom-reliance-telecom-infratel","seolocationalt":"HC asks SBI to maintain status quo on accounts of RCom, Reliance Telecom, Infratel","url_seo":"hc-asks-sbi-to-maintain-status-quo-on-accounts-of-rcom-reliance-telecom-infratel"},{"msid":"80027745","stname":"Reliance Group says allegations of fraud 'unjustified' and 'unwarranted'","artsyn":"Reliance Group has said that certain banks labelling the accounts of the now defunct telecom firm - Reliance Communications (Rcom) - and its units as fraud was \"unjustified\" and \"unwarranted\".","seolocation":"telecomnews\/reliance-group-says-allegations-of-fraud-unjustified-and-unwarranted-","seolocationalt":"Reliance Group says allegations of fraud 'unjustified' and 'unwarranted'","url_seo":"reliance-group-says-allegations-of-fraud-unjustified-and-unwarranted-"},{"msid":"80027366","stname":"RCom group owes around Rs 26,000 crore to Indian banks, financial institutions: Company","artsyn":"Debt-ridden telecom firm Reliance Communications on Wednesday said the group owes around Rs 26,000 crore to Indian banks and financial institutions. The Indians banks, vendors and other creditors have made claims of around Rs 86,000 crore on the company which is currently going through insolvency proceedings.","seolocation":"telecomnews\/rcom-group-owes-around-rs-26000-crore-to-indian-banks-financial-institutions-company","seolocationalt":"RCom group owes around Rs 26,000 crore to Indian banks, financial institutions: Company","url_seo":"rcom-group-owes-around-rs-26000-crore-to-indian-banks-financial-institutions-company"},{"msid":"79991958","stname":"Delhi High Court orders no coercive action in the RCom matter","artsyn":"Hearing the petition, Delhi HC has directed the banks to maintain the status quo and no coercive action till the next date of hearing. The next date of hearing is 13 January 2021.","seolocation":"telecomnews\/delhi-high-court-orders-no-coercive-action-in-the-rcom-matter","seolocationalt":"Delhi High Court orders no coercive action in the RCom matter","url_seo":"delhi-high-court-orders-no-coercive-action-in-the-rcom-matter"},{"msid":"79985386","stname":"Reliance Communications' resolution may hit a bump as banks mark its account as fraud","artsyn":"Delays will further erode the prospects of recovery for lenders who were expecting Rs 20,000-23,000 crore from the asset sale of RCom and its units. Financial creditors have said they are owed Rs 57,382 crore.","seolocation":"telecomnews\/reliance-communications-resolution-may-hit-a-bump-as-banks-mark-its-account-as-fraud","seolocationalt":"Reliance Communications' resolution may hit a bump as banks mark its account as fraud","url_seo":"reliance-communications-resolution-may-hit-a-bump-as-banks-mark-its-account-as-fraud"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"6368075","value":"RCom","smid":"0","keynameseo":"RCom","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"6359803","value":"spectrum","smid":"0","keynameseo":"spectrum","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"13222","value":"SBI","smid":"0","keynameseo":"SBI","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354504","value":"Reliance Jio","smid":"0","keynameseo":"Reliance-Jio","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354887","value":"industry","smid":"0","keynameseo":"industry","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"330499","value":"Chinese banks","smid":"0","keynameseo":"Chinese-banks","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"88178","value":"Bharti Infratel","smid":"0","keynameseo":"Bharti-Infratel","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354287","value":"Bharti Airtel","smid":"0","keynameseo":"Bharti-Airtel","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"Bharti Infratel"},{"name":"Chinese banks"},{"name":"Bharti Airtel"},{"name":"Reliance Jio"},{"name":"spectrum"},{"name":"industry"},{"name":"RCom"},{"name":"SBI"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["RCom","spectrum","SBI","Reliance Jio","industry","Chinese banks","Bharti Infratel","Bharti Airtel"],"filterTags":[]},"breadcrumbTags":["RCom","spectrum","SBI","Reliance Jio","industry","Chinese banks","Bharti Infratel","Bharti Airtel"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/airtel-eyes-spectrum-equipment-of-rcom\/61776253","associated":{"articles":{"97251202":{"msid":"97251202","stname":"RCom: 2 units will sell properties, including DAKC","artsyn":"\u201c\u2026the board of directors of two wholly owned RCom subsidiaries, RRL and CPL (referred to as `selling companies\u2019) have vide their respective board resolutions approved initiation of sale process for certain properties owned by such selling companies\u2026these properties inter alia include the DAKC,\u201d RCom said in an exchange filing Monday.","seolocation":"telecomnews\/rcom-2-units-will-sell-properties-including-dakc","seolocationalt":"RCom: 2 units will sell properties, including DAKC","url_seo":"rcom-2-units-will-sell-properties-including-dakc"},"96274265":{"msid":"96274265","stname":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","artsyn":"In November, RCom that housed Anil Ambani-owned Reliance Group\u2019s telecom business, had said that Axis Trustee Services Ltd. had told the telco of its intention to invoke and sell 100% of equity shares in GIDC to a third party.","seolocation":"telecomnews\/axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans","seolocationalt":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","url_seo":"axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans"},"95656883":{"msid":"95656883","stname":"NCLT clears Jio buy of Reliance Infratel","artsyn":"Jio, which is rolling out 5G networks starting with the metros and bigger cities and needs all the towers and fibre assets for the purpose, is to deposit Rs 3,720 crore in a State Bank of India (SBI) escrow account to complete the acquisition of bankrupt Reliance Communications\u2019 tower and fibre assets, people familiar with the matter said.","seolocation":"telecomnews\/nclt-clears-jio-buy-of-reliance-infratel","seolocationalt":"NCLT clears Jio buy of Reliance Infratel","url_seo":"nclt-clears-jio-buy-of-reliance-infratel"},"95453659":{"msid":"95453659","stname":"RCom unit sold to third party for non-repayment of loans","artsyn":"RCom held 100% stake in GIDC through another subsidiary Reliance Webstore Limited (RWSL). In August 2016, RCom and Reliance Infratel Limited had taken loans Rs 565 crore and Rs 635 crore respectively from the State Bank of India. In September that year, the telco pledged 100% of its shareholding in GIDC to the bank against the loan.","seolocation":"telecomnews\/rcom-unit-sold-to-third-party-for-non-repayment-of-loans","seolocationalt":"RCom unit sold to third party for non-repayment of loans","url_seo":"rcom-unit-sold-to-third-party-for-non-repayment-of-loans"},"95341787":{"msid":"95341787","stname":"Jio moves NCLT for early resolution of Reliance Infratel bankruptcy process","artsyn":"Accordingly, Jio has urged NCLT-Mumbai to issue directions to RTIL\u2019s financial creditors to provide the necessary no-dues-certificate to it to speed up the much-delayed RTIL bankruptcy resolution process.","seolocation":"telecomnews\/jio-moves-nclt-for-early-resolution-of-reliance-infratel-bankruptcy-process","seolocationalt":"Jio moves NCLT for early resolution of Reliance Infratel bankruptcy process","url_seo":"jio-moves-nclt-for-early-resolution-of-reliance-infratel-bankruptcy-process"},"92681340":{"msid":"92681340","stname":"\u200bRCom fails to attract buyers for non-core assets","artsyn":"These assets included land in Pune (871.1 sq metres) and Chennai (3.44 acres); offices in Chennai's Haddows Road and Bhubaneswar; and shares of Campion Properties Ltd and Reliance Realty.","seolocation":"telecomnews\/rcom-fails-to-attract-buyers-for-non-core-assets","seolocationalt":"\u200bRCom fails to attract buyers for non-core assets","url_seo":"rcom-fails-to-attract-buyers-for-non-core-assets"},"85027660":{"msid":"85027660","stname":"Vodafone Idea lenders fret over \u2018too big to fail\u2019 telco giant","artsyn":"A day after Kumar Mangalam Birla\u2019s letter warning that Vodafone Idea (VIL) may reach an \u201cirretrievable point of collapse\u201d became public, banks are worried about the fate of the telecom major which, they say, is \u201ctoo big to fail\u201d.","seolocation":"telecomnews\/vodafone-idea-lenders-fret-over-too-big-to-fail-telco-giant","seolocationalt":"Vodafone Idea lenders fret over \u2018too big to fail\u2019 telco giant","url_seo":"vodafone-idea-lenders-fret-over-too-big-to-fail-telco-giant"},"84585089":{"msid":"84585089","stname":"DoT can't revoke RCom's licenses for 10 more days: High Court","artsyn":"DoT on Tuesday told the court that RCom is a \"dead horse that is getting beaten to revive it unlike other telcos which still have their licenses valid.\"","seolocation":"telecomnews\/dot-cant-revoke-rcoms-licenses-for-10-more-days-high-court","seolocationalt":"DoT can't revoke RCom's licenses for 10 more days: High Court","url_seo":"dot-cant-revoke-rcoms-licenses-for-10-more-days-high-court"},"84377076":{"msid":"84377076","stname":"NCLT to hear RCom case on July 15","artsyn":"Last Thursday, the bankrupt telco informed NCLT that DoT is unlikely to renew RCom\u2019s licence on July 27 and when they expire, and if that happens, there will be nothing left in the carrier to sell.","seolocation":"telecomnews\/nclt-to-hear-rcom-case-on-july-15","seolocationalt":"NCLT to hear RCom case on July 15","url_seo":"nclt-to-hear-rcom-case-on-july-15"},"84246513":{"msid":"84246513","stname":"Termination of telecom license to kill RCom resolution: Bankruptcy court told","artsyn":"According to the lawyer, senior advocate Ravi Kadam has informed the court on behalf of the resolution professional (RP), that without license , the entire corporate insolvency resolution process (CIRP), will fall apart.","seolocation":"telecomnews\/termination-of-telecom-license-to-kill-rcom-resolution-bankruptcy-court-told","seolocationalt":"Termination of telecom license to kill RCom resolution: Bankruptcy court told","url_seo":"termination-of-telecom-license-to-kill-rcom-resolution-bankruptcy-court-told"},"84164851":{"msid":"84164851","stname":"RCom hits lower circuit after DoT refuses to renew licence","artsyn":"Shares of Reliance Communication tanked 5 per cent, its daily circuit limit, to Rs 3.36 on Tuesday. However, the counter settled at Rs 3.53 on Monday. BSE Sensex was trading at 52,961.90, up by 81.9 points or 0.15 per cent at the time of writing this report. The DoT refused to renew the telecom licence of the Anil Ambani led firm unless it clears its statutory dues of Rs 26,000 crore.","seolocation":"telecomnews\/rcom-hits-lower-circuit-after-dot-refuses-to-renew-licence","seolocationalt":"RCom hits lower circuit after DoT refuses to renew licence","url_seo":"rcom-hits-lower-circuit-after-dot-refuses-to-renew-licence"},"84058254":{"msid":"84058254","stname":"Gulshan Khurana likely to replace Vodafone Idea's Mudit Agarwal","artsyn":"In January 2019, Khurana joined the US-based technology company Oracle as strategic sales consulting lead for Asia Pacific and Japan region, and also previously worked with networking major Cisco as a CTO for India and SAARC region.","seolocation":"telecomnews\/gulshan-khurana-likely-to-replace-vodafone-ideas-mudit-agarwal","seolocationalt":"Gulshan Khurana likely to replace Vodafone Idea's Mudit Agarwal","url_seo":"gulshan-khurana-likely-to-replace-vodafone-ideas-mudit-agarwal"},"83561631":{"msid":"83561631","stname":"SAT reduces Sebi's penalty on CARE Ratings to Rs 10 lakh in Reliance Communications case","artsyn":"The tribunal has affirmed the regulator's order with regard to the violation by CARE Ratings under the provisions of the Sebi Act and the CRA (Credit Rating Agency) rule.","seolocation":"telecomnews\/sat-reduces-sebis-penalty-on-care-ratings-to-rs-10-lakh-in-reliance-communications-case","seolocationalt":"SAT reduces Sebi's penalty on CARE Ratings to Rs 10 lakh in Reliance Communications case","url_seo":"sat-reduces-sebis-penalty-on-care-ratings-to-rs-10-lakh-in-reliance-communications-case"},"82127232":{"msid":"82127232","stname":"Aircel & RCom steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian, foreign banks","artsyn":"The National Company Law Appellate Tribunal (NCLAT) ruling of last week in the Aircel Vs. Department of Telecommunications (DOT) case has cast a shadow on the resolution plans of Aircel and Reliance Communication Ltd. (RCom).","seolocation":"telecomnews\/aircel-rcom-steering-towards-liquidation-resulting-in-rs-60000-cr-npa-for-indian-and-foreign-banks","seolocationalt":"Aircel & RCom steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian, foreign banks","url_seo":"aircel-rcom-steering-towards-liquidation-resulting-in-rs-60000-cr-npa-for-indian-and-foreign-banks"},"82076968":{"msid":"82076968","stname":"Aircel lenders to move SC as appellate tribunal bars spectrum sale","artsyn":"Lenders were hoping to recover Rs 25,000-30,000 crore from Aircel and RCom resolution plans under the Insolvency and Bankruptcy Code (IBC) against their claims of over Rs 1,16,000 crore.","seolocation":"telecomnews\/aircel-lenders-to-move-sc-as-appellate-tribunal-bars-spectrum-sale","seolocationalt":"Aircel lenders to move SC as appellate tribunal bars spectrum sale","url_seo":"aircel-lenders-to-move-sc-as-appellate-tribunal-bars-spectrum-sale"},"80131455":{"msid":"80131455","stname":"HC asks SBI to maintain status quo on accounts of RCom, Reliance Telecom, Infratel","artsyn":"According to the plea, the circular allows banks to declare an account as fraud without giving any prior notice or communication to the account holder against the principles of natural justice.","seolocation":"telecomnews\/hc-asks-sbi-to-maintain-status-quo-on-accounts-of-rcom-reliance-telecom-infratel","seolocationalt":"HC asks SBI to maintain status quo on accounts of RCom, Reliance Telecom, Infratel","url_seo":"hc-asks-sbi-to-maintain-status-quo-on-accounts-of-rcom-reliance-telecom-infratel"},"80027745":{"msid":"80027745","stname":"Reliance Group says allegations of fraud 'unjustified' and 'unwarranted'","artsyn":"Reliance Group has said that certain banks labelling the accounts of the now defunct telecom firm - Reliance Communications (Rcom) - and its units as fraud was \"unjustified\" and \"unwarranted\".","seolocation":"telecomnews\/reliance-group-says-allegations-of-fraud-unjustified-and-unwarranted-","seolocationalt":"Reliance Group says allegations of fraud 'unjustified' and 'unwarranted'","url_seo":"reliance-group-says-allegations-of-fraud-unjustified-and-unwarranted-"},"80027366":{"msid":"80027366","stname":"RCom group owes around Rs 26,000 crore to Indian banks, financial institutions: Company","artsyn":"Debt-ridden telecom firm Reliance Communications on Wednesday said the group owes around Rs 26,000 crore to Indian banks and financial institutions. The Indians banks, vendors and other creditors have made claims of around Rs 86,000 crore on the company which is currently going through insolvency proceedings.","seolocation":"telecomnews\/rcom-group-owes-around-rs-26000-crore-to-indian-banks-financial-institutions-company","seolocationalt":"RCom group owes around Rs 26,000 crore to Indian banks, financial institutions: Company","url_seo":"rcom-group-owes-around-rs-26000-crore-to-indian-banks-financial-institutions-company"},"79991958":{"msid":"79991958","stname":"Delhi High Court orders no coercive action in the RCom matter","artsyn":"Hearing the petition, Delhi HC has directed the banks to maintain the status quo and no coercive action till the next date of hearing. The next date of hearing is 13 January 2021.","seolocation":"telecomnews\/delhi-high-court-orders-no-coercive-action-in-the-rcom-matter","seolocationalt":"Delhi High Court orders no coercive action in the RCom matter","url_seo":"delhi-high-court-orders-no-coercive-action-in-the-rcom-matter"},"79985386":{"msid":"79985386","stname":"Reliance Communications' resolution may hit a bump as banks mark its account as fraud","artsyn":"Delays will further erode the prospects of recovery for lenders who were expecting Rs 20,000-23,000 crore from the asset sale of RCom and its units. Financial creditors have said they are owed Rs 57,382 crore.","seolocation":"telecomnews\/reliance-communications-resolution-may-hit-a-bump-as-banks-mark-its-account-as-fraud","seolocationalt":"Reliance Communications' resolution may hit a bump as banks mark its account as fraud","url_seo":"reliance-communications-resolution-may-hit-a-bump-as-banks-mark-its-account-as-fraud"}}}}" data-news-images="[{"msid":"61776256","msname":"gr","msnameseo":"gr","mediatype":"1","artdate":"2017-11-24 08:39:00.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
