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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