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RCom and Reliance Jio in “virtual merger”

Connectivity BusinessbyConnectivity Business
September 28, 2016
in Space Services, Strategy and Markets
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Indian billionaire Anil Ambani (pictured) has said his telco Reliance Communications (RCom) has agreed a “virtual merger” with newly commercially-launched rival Reliance Jio Infocomm, owned by his older brother Mukesh Ambani. RCom will share towers, spectrum and networks with Reliance Jio. Indian billionaire Anil Ambani (pictured) has said his telco Reliance Communications (RCom) (NSE:RCOM) has agreed a “virtual merger” with newly […]

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Tags: Asia PacificBharti AirtelIdea CellularPremiumReliance Communications (RCOM)Reliance IndustriesReliance Jio InfocommTF249Vodafone
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