Bharti said to be sniffing around RCom
Bharti Airtel is reportedly eyeing up Reliance Communications spectrum assets, which are currently being sold by lenders who are trying to recover Rs45,000cr in debt.
According to India Infoline, Bharti is making moves towards the assets, though Reliance Jio are also interested in the assets. RCom has been struggling for some time now, and is rumoured to be shutting down its voice services from next month. Perhaps we are about to see the beginning of a bidding war.
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