Articles tagged with: Reliance and Reliance Infratel

Reliance Communications Debt Ratings Affirmed at LAAA

Indian debt ratings agency, ICRA has assigned a long-term rating of LAAA each to the Rs. 30 billion Non-Convertible Debenture (NCD) Programme and the Rs. 100 billion proposed Long-Term Fund-Based Facilities of reliance Communications (RCOM). Further, ICRA has reaffirmed the LAAA rating assigned earlier to the Rs. 201.56 billion Long-Term Fund Based/Non-Fund Based Limits of RCOM.  more

Related Tags: itu, reliance-communications, rcom, cdma, gsm, icra, debt-ratings, passive-infrastructure, presence, India

Tata Merges Towers Division with Quippo Telecom

As has been long anticipated, Tata Teleservices (TTSL) has announced the details of plans to merge its tower division, Wireless Tata Telecom Infrastructure (WTTI), with Srei group's Quippo Telecom Infrastructure (QTIL).  more

Related Tags: vodafone, docomo, cdma, compete, bharti, tata-teleservices, gsm, essar, vodafone-essar, towers, India

Reliance Infratel Aims for 100,000 Towers in India

According to a filing with India's Securities and Exchange Board of India, reliance Infratel, the tower operating subsidiary of reliance Communications (RCom), will build 56,600 telecom towers by 2010, increasing the total number of towers to 100,000 throughout the country.  more

Related Tags: reliance-communications, rcom, towers, India

Reliance Announces Plans to Sell Stake in Tower Ops

India's reliance Communications has announced plans to float a shade over 10% of its tower's subsidiary, reliance Infratel on the local stock market. The sale is estimated by analysts to be aiming to raise between US$1.25-$1.5 billion for the company. The company filed its intention to launch the IPO with the Securities & Exchange Board of India (SEBI). It typically takes about a month for the board to approve the IPO terms - and another month to arrange the sale itself.  more

Related Tags: reliance-communications, ipo, backhaul, passive-infrastructure, towers, India