Saturday 2 August 2014
Reliance Communications

Reliance no longer in Batelco stake sale talks

Reliance Communications, India's third-biggest cellular carrier by customers, said on Saturday it is no longer in talks with Bahrain Telecommunications Company (Batelco) for selling a stake in its enterprise business unit. Ins


Reliance cuts off Etisalat over payments

India's Reliance Communications said it has disconnected from its network a mobile phone joint venture between Abu Dhabi-based Etisalat and India's DB Group over non-payment of fees for using its towers.      The


Ambani plans to boost stakes in RComm

Indian billionaire Anil Ambani plans to increase his stake in Reliance Communications as the debt-laden telecoms company founded by his family edges towards a sale of its phone tower unit after a year of trying. Reliance Comm has hired UBS


Etisalat eyes $3.8bn stake in Reliance Comm

Emirates Telecommunications Corporation (Etisalat) is in advanced talks to buy a quarter of Indian mobile carrier Reliance Communications for Rs180 billion ($3.8 billion), a report said. If the deal is finalised Etisalat will make an open


India's Reliance says not in talks with Zain

India's Reliance Communications is not in talks to buy a stake in Kuwaiti telecoms firm Zain, a spokesman for the Indian firm said on Monday. Reliance Communications was not looking to buy Zain's African operations either, spokesma


Etisalat, Reliance in $2.2bn India tower deal

Etisalat DB Telecom, a joint venture between Etisalat and Mumbai-based Dynamix Balwas Group, has signed a Rs10,000 crore ($2.2 billion) telecom tower sharing agreement with Reliance Communications. Under the terms of the 10-year agreement,

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