The sources further added the deal values Infratel at around Rs 22,500 crore. Reliance Infratel has about 43,500 mobile towers. A few months ago, RCom had said that it had short-listed bidders that have sought to acquire up to 100 percent stake in Infratel.

  • The debt of RCom stood at around Rs 38,000 crore. The deal is almost finalised and is likely to be announced within 10 days.
  • RCom is looking to monetise its non-core assets to bring down the the debt-to-Ebitda ratio to about 3 in 18-24 months.
  • The company's net debt-to-Ebitda ratio is about 4.64.

To achieve this target, the Anil Ambani group firm is planning to hive off its DTH business, sell stake in international operations at Reliance Globalcom and divestment of Infratel, among others.


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