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Showing posts with label GTL. Show all posts
Showing posts with label GTL. Show all posts
Sunday, July 31, 2011
ICICI Bank GTL Stake
ICICI Bank has assumed a 29.3 percent stake in debt-laden Indian telecom infrastructure companyGTL after taking over 28.5 million shares pledged by its promoter, a source with direct knowledge of the matter told Reuters.
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Monday, June 28, 2010
GTL - Reliance Communication - Relinace Infratel merger details
Reliance Communication (RCom) said on Sunday that it has agreed to sell its telecom tower business to GTL Infrastructure, a Mumbai-based listed company.
RCom's tower business is operated under a 95-per cent owned company - Reliance Infratel. Under the deal, the details of which are yet to be announced, Reliance Infratel will merge its tower business with GTL Infrastructure.
Sunday, June 27, 2010
RCom, GTL Infra deal !
The Boards of Reliance Communications Ltd. (RCOM), and its subsidiary, Reliance Infratel Ltd. and GTL Infrastructure Ltd. (GTL INFRA) Sunday in-principle approved a Rs. 50,000 crore (USD 11 billion) deal to create the world’s largest independent telecom infrastructure company, neither owned nor controlled by any telecom operator.
On June 23, CNBC-TV18, quoting VCC Circle had reported that GTL Infrastructure and Reliance Infratel are in talks to merge their tower operations.
The transformational deal will be implemented through a demerger of RINFRATEL’s tower assets into GTL INFRA. Reliance Infratel will demerge its tower assets into GTL Infra fibre optic network. The related assets will however remain with RCOM.
via CNBC
Monday, June 02, 2008
Sunday, October 28, 2007
Friday, May 11, 2007
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