Reliance Communications (RCOM) has signed a term sheet with Brookfield Infrastructure Group for the sale of its tower assets and related infrastructure.
The Transaction
Currently, the tower portfolio and fibre business is housed in Reliance Infratel Limited (RITL). The tower assets of RCOM will be transferred from RITL on a going concern basis to form..
Disclaimer: Aurum Equity Partners LLP was not a part of this deal in any way.
UPCOMING WEBINAR
21st December 2016
Topic - The Indian Defence Offset Program - Challenges & Opportunities
Speakers - Air Marshal M Matheswaran, Amit Cowshish (Partner, Dua Associates), V Sundar (Strategic Business Advisor, Aurum Equity Partners LLP), Vikram Bihani (Partner, Aurum Equity Partners LLP)
India is facing a huge cancer burden. The prevalence of cancer is estimated at 3.9 million people in 2015 with reported incidence of 1.1 million (or 94 people per 1 lac population). However, the real incidence is expected to be much higher (1.5-2.0x) than reported incidence affecting 1.6 – 2.2 million people.
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