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
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.
Update On RCom’s Plan To Sell Reliance Infratel; Still In Talks
Mar 3 14
Reliance Communications Ltd. (BSE:532712) (RCom) is planning to sell stake in Reliance Infratel Limited. According to the news report, the talks of Anil Ambani owned RCom with private equity firms, to sell Reliance Infratel was also not materialized. RCom was looking for a valuation of INR 150 billion – INR 200 billion for its 95% stake in Reliance Infratel.
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