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Aircel RP, suitor in talks with existing telcos for spectrum sale
June 14, 2019 | By The Times of India
business
UV Asset Reconstruction Co. Ltd (UVARCL) has initiated talks; move contradicts DoT stance that only govt can sell airwaves.
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MUMBAI: Aircel’s resolution professional and its proposed acquirer UV Asset Reconstruction Co. Ltd (UVARCL) have started talks with Bharti Airtel, Vodafone Idea and Reliance Jio to sell the bankrupt telco’s spectrum, said people with knowledge of the matter.
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