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电信公司可能会远离RCom频谱以避免DoT冲突

RCom的无线资产包括四个波段的4G无线电波。此外，Reliance Infratel旗下的4.3万座电信塔也将被拍卖，以帮助贷款机构收回部分债务。

电信公司可能会远离RCom频谱以避免DoT冲突孟买:乌云笼罩着信实通讯公司破产过程中，缺乏明确的解决方案专业人士是否可以出售其最有价值的资产-光谱．

电信公司可能会选择避开收购信实电信负责该破产案件的人士表示，为了避免与电信部门在支付频谱相关费用方面发生冲突，该公司可能更倾向于从即将到来的拍卖中购买频谱，即使这些频段将被出售。

一位人士表示:“剩余的光纤和所有信号塔可能会被出售，但不太可能有人购买频谱。”“没有人希望与电信部门打法律战，运营商还不如从即将到来的拍卖中购买频谱，这些频谱将在未来20年有效。”

RCom的无线资产包括4 g四个波段的电波。此外，Reliance Infratel旗下的4.3万座电信塔也将被拍卖，以帮助贷款机构收回部分债务。

电信部在Aircel破产案中告诉国家公司法法庭，破产的电信公司，如RCom和maxis拥有的运营商，需要将频谱归还给政府，因为他们未能支付会费。的点上述频谱归政府所有，而且只租给运营商20年——分辨率专业人士不能出售。

周一，交通部拒绝了Aircel债权人的决议提案，称为包括政府在内的所有运营债权人指定的1650亿卢比不足以支付其许可证和频谱相关费用。它重申了自己的立场，即频谱不能由分辨率专业公司出售。

虽然电信公司可以交易拍卖的频谱，但它们必须首先付清拖欠的频谱费用，包括频谱使用费和一次性频谱费，或者提交银行担保。

RCom向Reliance Jio Infocomm出售频谱的计划被交通部否决，原因是买家拒绝对RCom过去与无线电波相关的费用承担责任。RCom的频谱在与Jio的交易中估值为730亿卢比。

“这是电信公司的一个商业案例。他们将不得不决定是否愿意偿还过去的债务并与交通部打交道，还是在拍卖开始时寻求一套新的电视频道。政府不会不战而降地放弃自己的频谱，”一位不愿透露姓名的交通部官员表示。

在公司破产过程中，交通部要求RCom支付约20亿卢比。

一家私营电信公司的高级监管官员表示，政府和破产运营商之间有关频谱的任何纠纷都将诉诸法院。这位官员表示:“电信公司可能更愿意置身事外。”

RCom的金融债权人已向该运营商索赔约49193亿卢比，该运营商在负债4600亿卢比且未能向其贷方和供应商付款后破产。

到目前为止，RCom已成功将其光纤和相关资产以300亿卢比出售给Jio，媒体融合节点和相关基础设施以200亿卢比出售给Jio。

然而，在破产程序下购买RCom的频谱可能会有兴趣，因为它将比拍卖便宜得多。

另一名密切参与RCom破产程序的人士表示:“交通部可以诉诸各个法庭，甚至最高法院，但如果它发现自己的请求被驳回，那么它将不得不接受自己作为经营性债权人的角色，放弃对频谱的索赔。”

下一次频谱拍卖预计将在今年年底前进行


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\"Telcos Mumbai: A cloud hangs over the Reliance Communications bankruptcy<\/a> process, with lack of clarity over whether the resolution professional can sell its most valuable asset - spectrum<\/a>.

Telcos may choose to steer clear of buying RCom<\/a>\u2019s airwaves \u2013 even if they are put up for sale \u2013 to avoid clashes with the telecom department over payment of spectrum-related dues and may prefer to buy spectrum from the upcoming auction, people handling the insolvency case said.

\u201cThe residual fibre and all the towers are likely to be sold, but it is unlikely that there will be any takers for the spectrum,\u201d said one person. \u201cNo one wants a legal battle with the telecom department and an operator might as well buy spectrum from the upcoming auction, which will have validity for the next 20 years.\u201d

<\/div><\/div>RCom\u2019s wireless assets include 4G<\/a> airwaves across four bands. Besides, the company\u2019s 43,000 telecom towers housed under Reliance Infratel, would also be auctioned to help lenders recover some of their debt.

The Department of Telecommunications told the National Company Law Tribunal in the Aircel insolvency case that bankrupt telcos such as RCom and the Maxis-owned carrier need to return spectrum to the government for failing to pay dues. The DoT<\/a> said spectrum is owned by the government and it is only leased to operators for 20 years \u2013 resolution professionals can\u2019t sell it.

On Monday, the DoT rejected a resolution proposal by the creditors of Aircel, saying the Rs 16.5 crore earmarked for all operational creditors, including the government, was insufficient to cover its licence and spectrum-related dues. It reiterated its stance that spectrum can\u2019t be sold by the resolution professional.

While telcos can trade in auctioned spectrum, they must first clear payment arrears for the airwaves, including spectrum usage charges and one-time spectrum fee, or submit bank guarantees to cover for them.

RCom\u2019s plan to sell spectrum to Reliance Jio Infocomm was rejected by the DoT after the buyer refused to be held liable for RCom\u2019s past dues related to the airwaves. RCom\u2019s spectrum had been valued at Rs 7,300 crore for the now-scrapped deal with Jio.

<\/div><\/div>\u201cThis is a business case for the telcos. They will have to take a call on whether they are willing to pay past liabilities and deal with the DoT or go for a new set of airwaves when the auctions happen. The government will not give up its spectrum without a battle,\u201d said a DoT official who did not wish to be identified.

The DoT has demanded dues of about Rs 20,000 crore from RCom during the corporate insolvency process.

A senior regulatory official from a private telco said any tussle over spectrum between the government and bankrupt operators will head to the courts. \u201cA telco may prefer to stay out of it,\u201d the official said.

RCom\u2019s financial creditors have claimed about Rs 49,193 crore from the operator, which went under after raking in debt of Rs 46,000 crore and failing to pay its lenders and vendors.

So far, RCom has managed to sell its optic fibre and related assets to Jio for Rs 3,000 crore and media convergence nodes and related infrastructure for Rs 2,000 crore.

However, there may be interest in buying RCom\u2019s spectrum under the insolvency process because it will come in far cheaper than in auctions.

\u201cDoT can head to the various tribunals and even the Supreme Court but if it finds its pleas rejected, then it will have to accept its role as an operational creditor and let go of claims over spectrum,\u201d said another person closely involved with RCom\u2019s insolvency process.

The next spectrum auction is expected to take place by this year end

<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"24.0","minfoseo":"24-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1578298515515","minfoseo":"1578298515515"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"873579801","minfoseo":"873579801"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"OriginalImageHeightPx":{"minfo":"291.0","minfoseo":"291-0"},"OriginalImageWidthPx":{"minfo":"450.0","minfoseo":"450-0"},"NumberOfCharacters":{"minfo":"3624.0","minfoseo":"3624-0"},"NumberOfWords":{"minfo":"612.0","minfoseo":"612-0"},"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"},"3":{"keyid":"16054","value":"DoT","smid":"0","keynameseo":"DoT","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"43550","value":"Bankruptcy","smid":"0","keynameseo":"Bankruptcy","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"122479","value":"4G","smid":"0","keynameseo":"4G","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479212895","artauemail":"devinasengupta@gmail.com","auFullName":"Devina Sengupta","pubname":"ET","designame":"Senior Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. Now in the Telecom beat, I report on M&As, government policies, consumer behaviour and the legal battles involving investors, shareholders and companies. A degree in psychology and another one in journalism helps me break down a story and cover its impact from multiple perspectives. You can reach me on devina.sengupta@timesgroup.com and on Twitter - @DevinaET","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. 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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":"28351","value":"policy","smid":"0","keynameseo":"policy","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"16054","value":"DoT","smid":"0","keynameseo":"DoT","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"43550","value":"Bankruptcy","smid":"0","keynameseo":"Bankruptcy","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"122479","value":"4G","smid":"0","keynameseo":"4G","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"Bankruptcy"},{"name":"spectrum"},{"name":"policy"},{"name":"RCom"},{"name":"DoT"},{"name":"4G"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["RCom","spectrum","policy","DoT","Bankruptcy","4G"],"filterTags":[]},"breadcrumbTags":["RCom","spectrum","policy","DoT","Bankruptcy","4G"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/telcos-main-stay-off-rcom-spectrum-to-avoid-dot-clash\/70034269","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="null" 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">
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