Jithin91
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Telecom sector's serial purchaser Airtel now interested in buying RCom's spectrum. In a bid to take on competition in a consolidating market, the Sunil Mittal-led company has been buying stressed assets in the telecom sector, and spectrum.
Bharti Airtel is interested in buying select spectrum and some equipment of Reliance Communications (RCom) 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.
The sale process could thus see Airtel vying with Reliance Jio for the spectrum in the 850 MHz band — considered highly efficient for 4G services — with the proceeds going to the lenders. The sale of RCom’s 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 and Canada’s Brookfield for towers.
Some of Airtel's recent acquisitions imclude:
Telenor, Aircel's 4G spectrum, Tata Teleservices, Tikona
Airtel eyes spectrum, equipment of RCom
Bharti Airtel is interested in buying select spectrum and some equipment of Reliance Communications (RCom) 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.
The sale process could thus see Airtel vying with Reliance Jio for the spectrum in the 850 MHz band — considered highly efficient for 4G services — with the proceeds going to the lenders. The sale of RCom’s 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 and Canada’s Brookfield for towers.
Some of Airtel's recent acquisitions imclude:
Telenor, Aircel's 4G spectrum, Tata Teleservices, Tikona
Airtel eyes spectrum, equipment of RCom
