Telecom

Just dial has raised over R208 Cr from anchor investors, BL sates.

Telecom tower company, Viom Networks is looking for PE partners to fund its expansion plans, BS states.

Telecom incubator, Startup Village has received SEBI’s approval to raise a $10 Mn for Startup Village angel fund which could go upto $20 Mn with a Green Shoe option.

Bharti Airtel is considering to raise R6500 Cr to partly retire its consolidated debt of R65,000 Cr and to finance its capital expenditure, BS states.

Bharti Airtel has entered into a definitive agreement with the Warid Group to fully acquire Warid Telecom Uganda.

Seven year old TowerVision is said to be in negotiation with American Tower Corporation and large buyout funds to offload a controlling stake in the company, states ET.

Reliance Communications is in advanced stage of negotiations with a consortium of PE funds, including Samena Capital, for the acquisition of Reliance Globalcom, BSE filing stated.The move is to reduce RCom's debt burden of over R37000 Cr. The deal is likely to be concluded by May end.Reliance ...

MTNL has raised R1,005 Cr through bonds backed by sovereign guarantee from institutional investors.

Apollo Global Management Llc is in talks to sell its 11% stake in Dish TV India Limited, Reuters stated.It has appointed UBS to run a process to sell its holding.