Construction and Engineering
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 founded in 2001 and is based in Mumbai, India. R...
Dhirubhai Ambani Knowledge City
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 2015.
Reliance Infratel Limited Key Developments
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.
PE Investors Reportedly Mulls Sale Of Stake In Reliance Infratel to Promoters Instead of Reliance Communications
Mar 22 15
PE investors including Quantum Fund N.V., The and New Silk Route are seeking to sell stake in Reliance Infratel Limited to promoters instead of Reliance Communications Infrastructure Limited. Reliance Communications Ltd. (BSE:532712) has decided to merge Reliance Infratel with Reliance Communications Infrastructure Ltd. The PE investors want to sell their less than 4% stake in Reliance Infratel back to the promoter because they oppose its merger with another group company. The other PE investors did not respond to queries. "We have offered to buy out the PE investors in Reliance Infratel at a fair price," a Reliance Communications spokesperson said in an e-mail response to The Economic Times.
Reliance Communications Reportedly Eyes To Raise INR 5 Crore From Reliance Infratel Stake Sale
Jul 6 14
Reliance Communications Ltd. (BSE:532712) is likely to earn more than INR 5000 crore fromm selling stake in Reliance Infratel Limited, if the need arises to further monetisese assets, a company source said. "While there are no immedidiate plans to monetise the towerer assets as of now, this is anotherer important asset for the company where tremendous value can be unlocked at the appropriate time," the source said. "This could be a really big-ticket deal that can help further deleverage the balance sheet," he added.
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