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Airtel, Reliance Jio and Sterlite Tech bid for Aircel assets, says report

Updated : September 20, 2018 07:24 PM IST

Aircel Cellular Ltd and Dishnet Wireless Ltd, together known as Aircel, owe their creditors about Rs 50,000 crore.
The telecom operator lost its luster after Reliance Jio Infocomm entered the market with its cheap data and free call offers.  
Lenders to Aircel, however, believe that a lump sale to a single party would get the best outcome, the report said.
Airtel, Reliance Jio and Sterlite Tech bid for Aircel assets, says report

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