Facebook has tied up with India's Reliance Communications to provide basic internet services on mobile phones for free, making India the first country in Asia to get Facebook's Internet.org service.
The companies will firs
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.
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.
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
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 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 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,