Airtel’s is highest upfront offer for RCom at ₹9,500 cr | Editorji
  1. home
  2. > markets
  3. > Airtel’s highest upfront offer for RCom at ₹9,500 cr
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Airtel’s highest upfront offer for RCom at ₹9,500 cr

Nov 29, 2019 11:03 IST

The Mint reports that Bharti Airtel  has offered the highest upfront cash settlement for Reliance Communications assets.

Out of the four bidders, Bharti Airtel has offered about ₹9,500 crore to acquire  assets that include spectrum, telecom towers, fibre, data centres and real estate.

 Upfront cash is often a key factor that creditors evaluate while deciding on a winning bidder.

Reliance Jio has offered ₹3,600 crore as upfront cash payment but did not bid for the spectrum and real estate assets this time.