EntMnt Xclusive Jio, Airtel among four companies bidding for Aircel's fibre assets

adithya

Core Member
Leading Indian telcom companies Reliance Jio and Bharti Airtel, private equity fund AION Capital Partners, a joint venture between Apollo Global Management and ICICI Venture, and I Squared Capital, an independent global infrastructure investment firm, have bid for Aircel's fibre assets.

While an mail to I Squared did not elicit any reply, the spokespersons of the other three companies declined to comment on the issue. After Aircel came under the National Company Law Tribunal (NCLT), its resolution professional invoked Regulation 29 of the Insolvency and Bankruptcy Board

Jio, Airtel among four companies bidding for Aircel's fibre assets | Business Standard News
 
Top