GTL bets on telecom tower sale to repair debt downside

With lenders set to take management of GTL Infrastructure by conversion of debt into fairness, the stage is ready for GTL group founder, Manoj Tirodkar, to lastly exit the telecom tower firm that he constructed from scratch. The sale would assist Tirodkar to boost funds to repair his group flagship GTL Ltd’s debt issues that … Read more

Reliance Jio and GTL Infra signal Tower Infrastructure Sharing Deal

Reliance Jio Infocomm Restricted (“Reliance Jio”), a subsidiary of Reliance Industries Restricted (RIL) and the one pan India operator with BWA spectrum making ready to launch 4G companies, and GTL Infrastructure Restricted (“GTL Infra”), a World Group enterprise, engaged within the enterprise of Shared Passive Telecom Infrastructure in India, introduced the signing of a Grasp … Read more