RCom revamp plan recap: Airtel, Jio eye assets; tower deal to be reworked

With Reliance Communications selling off its DTH business, various private equity firms and telcos are looking to buy the debt-laden firm’s assets and invest in what will be left of the telecom major, which will primarily have only its business-to-business segment. 

 

The Anil Ambani-led company is selling off businesses to pay off Rs 27,000 crore out of Rs 45,000 crore debt on its books, it had stated last month. Under a debt restructuring plan, apart from the sale of assets such as telecom towers, spectrum, optical fibre