American Tower, Carlyle among bidders for RCom’s tower unit

Reliance Communications (RCom) has received bids from five to six companies, including American Tower and private-equity firm Carlyle, to acquire a majority stake in its tower unit. The bids reportedly would value Reliance Infratel, the country’s third-largest tower company, at …

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RCom-SSTL merger highlights uncertainty in spectrum rules

Reliance Communications’ (RCom) planned merger with Sistema Shyam Teleservices (SSTL) may help give it the scale to better compete with the top three operators, but the potential move highlights the country’s ambiguous spectrum holding rules, the Economic Times said. The …

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Rcom and Sistema confirm merger talks

Russian investment firm Sistema has entered into “exclusive discussions” with Reliance Communications about a potential merger of their Indian telecoms businesses. In terms of connections, Rcom is significantly bigger than SSTL (which trades as MTS India) – 109.5 million wireless …

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Indian government suggests Airtel Zero, Internet.org violate net neutrality

India’s Department of Telecom (DoT), in its preliminary findings, has said that Bharti Airtel’s sponsored content service and Reliance Communications’ zero-rating deal with Facebook/Internet.org are “against the spirit of net neutrality”. A high-level government source told the Economic Times that …

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M&A activity picks up in India, Airtel looks to acquire Augere

Consolidation appears to be on the horizon in India’s telecoms market – the second largest in the world, with 12 operators serving 940 million mobile connections – as Bharti Airtel looks to expand its 4G footprint and smaller players enter merger talks. India’s largest …

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India’s top 3 operators account for 85% of auction spend

India’s largest three mobile operators have committed to spending a total of INR895 billion ($14.3 billion) – 85 per cent of the record INR1.1 trillion ($17.6 billion) the government will generate from the auction of four spectrum bands. Bharti Airtel, …

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RCom awards Ericsson $1B managed services deal

India’s Reliance Communications (RCom) has contracted Ericsson to manage both its wireline and wireless networks across all its operations in India. The seven-year contract, reportedly valued at more than $1 billion, covers RCom’s 2G/CDMA/3G networks as well as 150,000km of …

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