`

Feedback

Reader's Poll

Which of the following technologies/concepts are likely to witness significant traction this year?
 
Any data to show

Teledata

Tele Data

Mobile Subscribers Yearwise comparision

RCOM’s CoC extends deadline for submission of bids by 10 days

November 14, 2019
E-mail Print PDF

Reliance Communications' (RCOM) committee of creditors (CoC) has extended the deadline to submit bids for assets of the operator by another 10 days. The move comes after Reliance Jio had requested for the extension.

According to industry sources, the bids will now be opened on November 25, 2019.

RCOM, which is going through insolvency proceedings, had received bids from about six firms including Bharti Airtel, Bharti Infratel and private equity (PE) firm, Varde Partners for the sale of its assets.

However, Reliance Jio had not placed its bid for the assets and had sought a 10-day extension.

While Airtel has placed conditional bids to buy RCOM’s spectrum, Bharti Infratel has submitted bids for its mobile towers.

 

 
 
  • Most Viewed
  • Most Rated
  • Most Shared
  • Related Articles
 Your cart is empty

Monday morning

Monday morning