Reliance Communications assets get 11 bids from Reliance Jio, Airtel and two others

NEW DELHI: Mukesh Ambani-controlled Reliance Jio Infocomm (RJio) placed its bids for the assets of debt-laden Reliance Communications on Monday, the last day for submitting the bids after the resolution professional, Anish Niranjan Nanavaty, extended the deadline by ten days.

Sources say that Airtel is also likely to have submitted a revised bid with Bharti Infratel. Earlier, the Sunil-Mittal led company had submitted its bid but had later withdrawn in protest against the lenders’ decision to extend the deadline at the request of Reliance Jio.