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SC defers nod for RCom asset sale

The Supreme Court today did not grant permission to Reliance Communications Ltd (RCom) to sell its wireless assets to Reliance Jio Infocomm Ltd, deferring the case for two weeks.

iWorld Telecom
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CCI okays RCom's asset sale to Reliance Jio

MUMBAI: The Competition Commission of India (CCI) has cleared the proposals for the sale of assets of Reliance Communications Ltd (RCom) to Reliance Jio Infocomm Ltd. "@CCI_India approves acquisition of RCOM's towers, optic fiber cable, right to use spectrum and media convergence nodes by RJIO,"...

iWorld Telecom
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RCom's 3rd quarter numbers improve on Big TV, consumer business exit

BENGALURU: Anil Dhirubhai Ambani-led Reliance Communications Ltd (RCom) reported 95 percent lower loss for the third quarter ended 31 December 2017 (Q3 2018, the quarter under review) as compared with the immediate trailing quarter (Q2 2018). The company reported loss of Rs 130 crore in Q3 2018 as...

iWorld Over The Top Services
CCI reviewing Jio-RCom pact for sharing 800 MHz spectrum

MUMBAI: Mukesh Ambani's Reliance Jio Infocomm has sought approval from the Competion Commission (CCI) for the proposed spectrum sharing deal with Anil Ambani's Reliance Communications. The CCI website states that the deal is under review. Jio is waiting for an approval from the CCI for pacts...

iWorld Telecom
NDTV Lifestyle: Board decides not to purchase Astro's 49% stake

MUMBAI: The NDTV board has decided not to buy 49 per cent stake held by South Asia Creative Assets Limited in NDTV Lifestyle Holdings Limited. The parent company of South Asia Creative Assets, Astro Malaysia, was in news recently for reportedly doing the due diligence of Anil...

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