• Welcome to DreamDTH.com - an online community for the television and tech enthusiasts!

    Please Register or Login yourself to ask a question, participate in a discussion.

Breaking News Airtel, Jio have bid for assets of Aircel

Manu

Dream Pro
Joined
2 Aug 2015
Messages
2,508
Reaction score
2,353
MUMBAI: Leading telecom players Bharti Airtel and Reliance Jio both have bid to separately purchase assets of bankrupt telecom operator Aircel. According to a Mint report, lenders to Aircel are keener on a lump sum sale to a single party which could get better value of the assets.

The telecom operator Aircel Cellular Ltd and Dishnet Wireless Ltd, together known as Aircel, owe about Rs 50,000 crore to creditors which includes Rs15,545 crore debt to financial creditors and about Rs 35,000 crore to operational creditors.

Airtel, Jio have bid for assets of Aircel
 

Sumanth

Dream Shine
Joined
11 Mar 2018
Messages
763
Reaction score
650
I vaguely remember that once you file for bankruptcy, you can't sell. Maybe i'm wrong
 

Detective Conan

Dream Shine
Joined
28 Apr 2018
Messages
512
Reaction score
776
airtel was first to bid for aircel spectrum in 2016.. jio is bidding for aircel tower
 

Top Bottom

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock