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Sunday, December 22, 2024 | 11:48 PM ISTEN Hindi

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All eyes on RCom's tower & fibre optic businesses

Suitors include Reliance Jio, Bharti Infratel, ATC, Sistema, TPG Carlyle and Gateway Partners

RCom stock tanks 11% on Aircel deal collapse
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Surajeet Das GuptaAbhineet Kumar New Delhi/Mumbai
Leading telcos, tower infrastructure companies and private equity (PE) funds have shown interest in picking up the entire mobile tower and the fibre optic assets of Reliance Communications (RCom) that are up for sale.

These include Bharti Infratel, American Tower Corporation, Tilman Global Holdings, Sistema and Brookfield apart from PE funds TPG, Carlyle, Squared Capital and Gateway Partners.

Bharti Infratel and Sistema declined to comment on the issue, queries sent to ATC, Tillman and Squared Capital did not elicit any response. Both Carlyle and TPG declined to comment and Gateway could not be reached.

The fibre optic business has attracted interest only from

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