Reliance Industries is preparing to mark its arrival into the telecoms industry by investing around US$5bn during the next two years.
The Mukesh Ambani controlled firm has agreed to acquire a 95% stake in Infotel Broadband Services, which last week…
Reliance Industries is preparing to mark its arrival into the telecoms industry by investing around US$5bn during the next two years.
The Mukesh Ambani controlled firm has agreed to acquire a 95% stake in Infotel Broadband Services, which last week secured a pan India wireless broadband licence. The spectrum will cost Infotel US$275bn which must be paid by June 22.