Reliance reportedly wants to buy BT but publicly denies it
Mukesh Ambani still has eyes on European telco expansion, and BT might just be in his sights if a report is to be believed..
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Reliance
Reliance reportedly closes in on acquiring T-Mobile Netherlands
India’s Reliance Industries is said to be lining up potential investors to finance its ambition to acquire Deutsche Telekom’s mobile business in The Netherlands, a deal that could cost the Jio parent company $5.7 billion.
Jio readies itself for fixed broadband assault
Reliance Jio is set to pile more misery on Bharti Airtel with the launch of a low-cost fixed broadband offering.
Reliance set to drop $70 million on Radisys to help with the move to 5G
Giant Indian telecoms conglomerate Reliance has agreed to but US open telecoms solutions provider Radisys for around $70 million.
Reliance Communications pulls the plug on Aircel merger
A merger designed to take on the competitive threat of Jio seems to have been undone by the competitive threat of Jio.
The Jio effect: Reliance and Aircel circle the wagons
Less than two weeks after new entrant Jio dropped its ‘loads of stuff for free’ bombshell on the Indian market two of its largest competitors have decided to join forces.
AsiaInfo announces Indian enterprise joint venture with Reliance
Chinese comms vendor AsiaInfo and India’s Reliance Industries are to co-develop new services for businesses under a joint agreement signed in Mumbai, India.
ZTE, Reliance to build 100G metro optical network
Chinese equipment vendor ZTE has clinched a deal to build a 100G optical transportation network (OTN) for Indian telco Reliance Communications.
Reliance launches 3G in India
Indian carrier Reliance Communications on Monday announced the launch of 3G services in the metro regions of Mumbai, Delhi, Kolkata and Chandigarh. The company aims to launch services in all 13 circles where it holds 3G licences by the end of 2011.
Nokia in deal to boost mobile data in India
There was more activity in the Indian mobile market on Monday as local carrier Reliance Communications announced a partnership with handset giant Nokia designed to push mobile data services in the country.
Reliance buys Infotel Broadband as Indian BWA auction closes
Indian conglomerate Reliance Industries Limited (RIL) is to acquire 95 per cent of Infotel Broadband Services, the only bidder in the recently concluded Indian Broadband Wireless Access auction to win 20MHz of pan-Indian spectrum. RIL said it was paying $1.033bn for the stake in Infotel.
Pelago microblog scores $15m in funding
The venture arm of Indian operator Reliance has joined T-Mobile Ventures as an investor in US startup Pelago, the company said Tuesday. Pelago is another microblog / wireless social network, which is not the only similarity it shares with Twitter. This latest round of funding also takes its current war chest up to $15m. But […]
Reliance snaps up Vanco
Indian’s Reliance Group continued its investment and acquisition binge on Monday, snapping up UK-based virtual network operator (VNO) Vanco. Reliance Globalcom said it will pay $76.9m to acquire 100 per cent of Vanco’s equity free of debt. Vanco’s peak market capitalisation had hit £380m, suggesting the company had some significant debt. Earlier this month, Vanco […]
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