Diversified Telecommunication Services
Company Overview of Reliance Infratel Limited
Reliance Infratel Limited 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 January 2008. The company was incorporated in 2001 and is based in Navi Mumbai...
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
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2016.
Reliance Infratel Limited Key Developments
NSR Seeks To Sell Its Stake In Two Firms
Mar 22 16
New Silk Route Partners (NSR) is considering to exit its stake in Reliance Infratel Limited and Ascend Telecom Infrastructure Pvt. Ltd., as it seeks to return capital to its investors, Live Mint reports. NSR holds a minority stake in Infratel but is the majority owner of Ascend Telecom.
Reliance Communications Reportedly To Sell Stake In Reliance Infratel
Sep 25 15
Reliance Communications Ltd. (NSEI:RCOM) is veering towards a complete exit from the telecom tower business, with the process to sell its stake in unit Reliance Infratel Limited in the final stages with four bidders - US-based Farallon Capital Management, L.L.C., The Carlyle Group LP (NasdaqGS:CG), Tillman Capital Management, LLC and American Tower Corporation (NYSE:AMT).
Reliance Communications Mulls Sale Of Stakes in Reliance Infratel
Aug 18 15
Reliance Communications Ltd. (NSEI:RCOM) is seeking to sell stakes in Reliance Infratel Limited. Reliance Communications Ltd. has shortlisted American Tower Corporation (NYSE:AMT) apart from private equity firms The Carlyle Group LP (NASDAQ: CG), The Blackstone Group L.P. (NYSE:BX), Farallon Capital Management, L.L.C. and Tilman Financial for buying up to 100% of its stake in unit Reliance Infratel Limited. "The formal process for sale of a controlling 51% stake in Reliance Infratel was launched a few weeks back, and has got a very positive response, the company has shortlisted a smaller number of very credible interested parties to progress to the next round of the process," Reliance Communications told the stock exchanges in a statement after an earnings call on August 17, 2015. While RCom didn't name any of the shortlisted bidders, it said that it had received indicative non-binding bids from a number of interested buyers. In fact, some of the shortlisted bidders want to buy out RCom's stake in Reliance Infratel completely. "The due diligence process has now commenced. Further announcements will be made, as and when appropriate," Reliance Communications said, adding that the sale proceeds from the proposed deal would substantially reduce RCOM's overall gross debt during the current financial year through March 31, 2016. Standard Chartered and SBI Capital are running the sale process. ATC, Blackstone and Farallon Capital didn't respond to requests for comment while Tillman executives couldn't be reached. Carlyle said it didn't have any comment.
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