Reliance Communications Ltd (RCom), the country’s second largest mobile telephony company by subscribers, will likely get Rs16,000-18,000 crore in cash following the merger of its telecom tower assets with that of GTL Infrastructure Ltd, according to analysts who have interacted with the company.

RCom announced on Sunday that it would combine the telecom tower assets of Reliance Infratel Ltd, an RCom unit, with those of GTL Infrastructure, in a deal that would combine a cash infusion in RCom and shares to be received by the shareholders of RCom and Infratel. Source

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