Company Overview of Reliance Infratel Limited
Reliance Infratel Limited provides passive telecommunication infrastructure in India. The company builds, owns, and operates telecommunication towers, optic fiber cable (OFC) network, and related assets; and provides these passive infrastructure assets on a shared basis to wireless and other communications service providers, as well as to non-communications customers under long-term contracts. The company customers use the space on its telecommunication towers to install active communication-related equipment and operate their wireless communications networks. The company was formerly known as Reliance Telecom Infrastructure Limited and changed its name to Reliance Infratel Limited in Januar...
Dhirubhai Ambani Knowledge City
Navi Mumbai, 400710
Founded in 2001
Key Executives for Reliance Infratel Limited
Chief Technology Officer of Network Business and Vice President
Whole Time Director, Member of Audit Committee and Member of Shareholders/Investors Grievance Committee
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2014.
Reliance Infratel Limited Key Developments
Reliance Communications Reportedly Mulls Sale Of Unit; ATC Reportedly Interested
May 19 15
Reliance Communications Ltd. (BSE:532712) is planning to sell assets. People close to the matter said that Reliance Communications’ sale of Indian wireless infrastructure assets has drawn interest from companies including American Tower Corporation (NYSE:AMT) (ATC). Three people stated that Reliance Communications is in talks to sell a majority stake in Reliance Infratel Limited. According to two people, seeking anonymity, the business may fetch a valuation of about INR 200 billion including debt. The news report mentioned that discussions are at an early stage and Rajeev Narayan, a spokesman for Reliance Communications, did not reply to an e-mail seeking comment while Matthew Peterson, a representative for ATC, declined to comment.
Reliance Communications Seeks Strategic Alternatives
May 6 15
Reliance Communications Ltd. (BSE:532712) plans to substantially reduce the Company's overall debt, the Company keeps exploring and analyzing various strategic alternatives. As one of such alternatives Reliance Communications invited certain Investment Banks to make proposals for Reliance Infratel Limited.
Reliance Communications To Sell Stake In Reliance Infratel
May 6 15
Reliance Communications Ltd. (BSE:532712) may sell majority stake in unit Reliance Infratel Limited, the country's No. 3 tower company, at a valuation of INR 20,000-25,000 crore in a bid to focus on core operations and pare debt. Reliance Communications WHO wants to sell its entire stake in Reliance Infratel may settle for a 51% sale at the least and has asked for bids from bankers including Morgan Stanley, Bank of America Merrill Lynch and JM Financial to run the process, people familiar with the matter said.
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