\"\"MUMBAI: Anil Ambanii-led Reliance Communications (RCom<\/a>) is likely to function as a mobile virtual network operator (MVNO<\/a>) that will offer 4G services<\/a> once it sheds its 2G and 3G voice business. This was confirmed by Punit Garg, the telco’s executive director, during a recent media gathering.
\n
Rating agency Fitch expects RCom to gradually exit from the wireless voice business and significantly scale down its operations due to intense competition. It said in the report that the Anil Ambani-owned operator will ‘focus on offering 4G services as a mobile virtual network operator (MVNO) after selling its spectrum assets’. Shares of RCom closed at Rs 17, down 0.87%, on the
BSE<\/a> on Wednesday.
\n
\nAn MVNO does not have its own licensed spectrum or networking infrastructure. It buys bulk minutes from existing telcos and resells services under its brand name using the partner operators’ network, as per a business sharing agreement.
\n
\nRCom plans to monetise spectrum assets in the 800MHz, 900MHz, 1800MHz and 2100MHz bands by sharing and trading with other Indian telcos, most likely Jio, owned by Reliance Industries, the report said.
\n
\nThe firm said on Monday that it has presented a fresh “zero write-off” plan to its lenders, under which banks could convert some of its debt and take a 51% stake in the telecom operator. Banks could then raise funds by selling its towers and spectrum to potential buyers, including Jio, and monetize real estate assets.
\n
\nALSO READ:
Airtel to shut down 3G network in 3-4 years , continue 2G,4G<\/a><\/strong>
\n
\nOf its Rs 45,000 crore debt, the joint lenders forum could convert Rs 7,000 crore of debt into equity; raise Rs 17,000 crore through sale of assets such as towers and spectrum and another Rs 10,000 crore via sale of real estate. Analysts at Fitch expect the lenders’ panel, led by State Bank of India, to convert debt into equity and bring in a strategic investor by end of 2017 who will take over telco’s management.
\n
Fitch also expects the restructuring to transform RCom from an integrated telecom company to a business-to-business bandwidth services provider with three segments --
Global Cloud Exchange<\/a> (GCX, an RCom subsidiary), enterprise and data centre business. ‘However, post-restructuring, RCom will not benefit from GCX's cash flows, which are largely ring-fenced under its $350 million (about Rs 2,259 crore) senior secured bond documents,’ said the report.
\n
\nPost the sale of assets, the telco says it will be left with a secured loan of Rs 6,000 crore of debt in its books and another Rs 5,000 crore of unsecured loans. Two months ago, the operator had called off its merger with Aircel and said its tower deal with Canadian pension fund Brookfield, which was pegged at Rs 11,000 crore, may fetch a lower price now that the Aircel deal is off. However during Monday’s meet, Garg said that other interested parties could also bid for the tower assets.
\n
\nRCom is under a standstill period (for interest and principal repayments) till December 2018 and expects to complete the SDR (strategic debt restructuring) process as per applicable RBI guidelines.<\/body>","next_sibling":[{"msid":61436669,"title":"IBM new Private cloud platform to strengthen its presence in the market","entity_type":"ARTICLE","link":"\/news\/ibm-new-private-cloud-platform-to-strengthen-its-presence-in-the-market\/61436669","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":61436802,"entity_type":"ARTICLE","title":"Reliance Communications may stay MVNO post 2G, 3G voice exit","synopsis":"RCom plans to monetise spectrum assets in the 800MHz, 900MHz, 1800MHz and 2100MHz bands by sharing and trading with other Indian telcos, most likely Jio.","titleseo":"telecomnews\/reliance-communications-may-stay-mvno-post-2g-3g-voice-exit","status":"ACTIVE","authors":[{"author_name":"Devina Sengupta","author_link":"\/author\/479212895\/devina-sengupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212895.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479212895,"author_name":"Devina Sengupta","author_seo_name":"devina-sengupta","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-11-02 08:31:15","lastupd":"2017-11-02 08:35:54","breadcrumbTags":["RCom","3G\/4G","BSE","Global Cloud Exchange","4G services","MVNO"],"secinfo":{"seolocation":"telecomnews\/reliance-communications-may-stay-mvno-post-2g-3g-voice-exit"}}" data-authors="[" devina sengupta"]" data-category-name="" data-category_id="" data-date="2017-11-02" data-index="article_1">

Reliance Communications可能保持MVNO 2 g、3 g的声音退出

计划RCom货币化频谱资产在800 mhz, 900 mhz、1800 mhz和2100 mhz乐队通过分享和交易与其他印度电信公司,最有可能Jio。

Devina森古普塔
  • 更新2017年11月2日08:35点坚持
孟买:Anil Ambanii-led信实电信(信实电信)可能是函数作为移动虚拟网络运营商(MVNO),将提供4 g服务一旦其2 g和3 g语音业务了。这证实了Punit Garg电信的执行董事,在最近的一次媒体收集。

评级机构惠誉预计RCom逐步退出无线语音业务和显著减少由于激烈竞争的业务。在报告中称,Anil Ambani-owned操作符将专注于提供4 g服务作为移动虚拟网络运营商(MVNO)出售其资产的频谱。信实电信股价收于Rs 17日下跌0.87%,疯牛病周三。

MVNO没有自己的授权频谱或网络基础设施。购买散装分钟从现有的电信公司和出售服务使用合作伙伴的品牌运营商的网络,根据业务分享协议。

计划RCom货币化频谱资产在800 mhz, 900 mhz、1800 mhz和2100 mhz乐队通过分享和交易与其他印度电信公司,最有可能Jio,信实工业公司旗下,该报告说。

该公司周一表示,它提出了一个新的“零注销”计划债权人,银行可能将部分债务和电信运营商51%的股份。银行可以筹集资金通过出售其塔和频谱潜在买家,包括Jio和货币化房地产资产。

还读:Airtel关闭3 - 4年3 g网络,继续2 g, 4 g

45000卢比的债务,联合银行论坛7000卢比的债务转换成股本;通过出售资产筹集17000卢比如塔和频谱和另一个通过出售房地产的10000卢比。惠誉分析师预计,银行的面板中,由印度国家银行,将债务转换为股权和2017年底引进战略投资者,他们将接管电信的管理。

惠誉还预计重组转换从一个完整的电信公司b2b RCom带宽与三个部分——服务提供商全球云交换(GCX信实电信子公司)、企业和数据中心业务。然而,信实电信行业不会受益于GCX的现金流,这在很大程度上限定在3.5亿美元(约2259卢比)高级担保债券文件,”报告说。

出售资产,电信表示,将剩下6000卢比的担保贷款债务的书籍和无担保贷款的另一个5000卢比。两个月前,操作员与Aircel取消合并,其塔处理加拿大养老基金布鲁克菲尔德说,这是约11000卢比,可以获取更低的价格现在Aircel协议。然而在星期一的见面,他说:其他利害关系方也可以收购资产塔。

信实电信正在停滞期(用于偿付本金和利息),直到2018年12月,预计完成特别提款权(战略债务重组)过程按适用的央行的指导方针。
  • 发布于2017年11月2日上午08:31坚持
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\"\"MUMBAI: Anil Ambanii-led Reliance Communications (RCom<\/a>) is likely to function as a mobile virtual network operator (MVNO<\/a>) that will offer 4G services<\/a> once it sheds its 2G and 3G voice business. This was confirmed by Punit Garg, the telco’s executive director, during a recent media gathering.
\n
Rating agency Fitch expects RCom to gradually exit from the wireless voice business and significantly scale down its operations due to intense competition. It said in the report that the Anil Ambani-owned operator will ‘focus on offering 4G services as a mobile virtual network operator (MVNO) after selling its spectrum assets’. Shares of RCom closed at Rs 17, down 0.87%, on the
BSE<\/a> on Wednesday.
\n
\nAn MVNO does not have its own licensed spectrum or networking infrastructure. It buys bulk minutes from existing telcos and resells services under its brand name using the partner operators’ network, as per a business sharing agreement.
\n
\nRCom plans to monetise spectrum assets in the 800MHz, 900MHz, 1800MHz and 2100MHz bands by sharing and trading with other Indian telcos, most likely Jio, owned by Reliance Industries, the report said.
\n
\nThe firm said on Monday that it has presented a fresh “zero write-off” plan to its lenders, under which banks could convert some of its debt and take a 51% stake in the telecom operator. Banks could then raise funds by selling its towers and spectrum to potential buyers, including Jio, and monetize real estate assets.
\n
\nALSO READ:
Airtel to shut down 3G network in 3-4 years , continue 2G,4G<\/a><\/strong>
\n
\nOf its Rs 45,000 crore debt, the joint lenders forum could convert Rs 7,000 crore of debt into equity; raise Rs 17,000 crore through sale of assets such as towers and spectrum and another Rs 10,000 crore via sale of real estate. Analysts at Fitch expect the lenders’ panel, led by State Bank of India, to convert debt into equity and bring in a strategic investor by end of 2017 who will take over telco’s management.
\n
Fitch also expects the restructuring to transform RCom from an integrated telecom company to a business-to-business bandwidth services provider with three segments --
Global Cloud Exchange<\/a> (GCX, an RCom subsidiary), enterprise and data centre business. ‘However, post-restructuring, RCom will not benefit from GCX's cash flows, which are largely ring-fenced under its $350 million (about Rs 2,259 crore) senior secured bond documents,’ said the report.
\n
\nPost the sale of assets, the telco says it will be left with a secured loan of Rs 6,000 crore of debt in its books and another Rs 5,000 crore of unsecured loans. Two months ago, the operator had called off its merger with Aircel and said its tower deal with Canadian pension fund Brookfield, which was pegged at Rs 11,000 crore, may fetch a lower price now that the Aircel deal is off. However during Monday’s meet, Garg said that other interested parties could also bid for the tower assets.
\n
\nRCom is under a standstill period (for interest and principal repayments) till December 2018 and expects to complete the SDR (strategic debt restructuring) process as per applicable RBI guidelines.<\/body>","next_sibling":[{"msid":61436669,"title":"IBM new Private cloud platform to strengthen its presence in the market","entity_type":"ARTICLE","link":"\/news\/ibm-new-private-cloud-platform-to-strengthen-its-presence-in-the-market\/61436669","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":61436802,"entity_type":"ARTICLE","title":"Reliance Communications may stay MVNO post 2G, 3G voice exit","synopsis":"RCom plans to monetise spectrum assets in the 800MHz, 900MHz, 1800MHz and 2100MHz bands by sharing and trading with other Indian telcos, most likely Jio.","titleseo":"telecomnews\/reliance-communications-may-stay-mvno-post-2g-3g-voice-exit","status":"ACTIVE","authors":[{"author_name":"Devina Sengupta","author_link":"\/author\/479212895\/devina-sengupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212895.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479212895,"author_name":"Devina Sengupta","author_seo_name":"devina-sengupta","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-11-02 08:31:15","lastupd":"2017-11-02 08:35:54","breadcrumbTags":["RCom","3G\/4G","BSE","Global Cloud Exchange","4G services","MVNO"],"secinfo":{"seolocation":"telecomnews\/reliance-communications-may-stay-mvno-post-2g-3g-voice-exit"}}" data-news_link="//www.iser-br.com/news/reliance-communications-may-stay-mvno-post-2g-3g-voice-exit/61436802">