Airtel, Infratel among 6 bidders for Rcom assets; Jio stays away

Kolkata: Bharti Airtel, Bharti Infratel and private equity firm Varde Partners are among six companies that have bid for the assets of bankrupt telco Reliance Communications and its units Reliance Telecom and Reliance Infratel, although Reliance Jio Infocomm was conspicuously absent.

Mukesh Ambani-led Jio is said to have asked RCom’s resolution professional for a 10-day extension of the November 11 deadline for submission of bids, a person with direct knowledge of the matter said.

RCom’s committee of creditors is scheduled to open the bids on November 13.