RComm talks in progress on unit stake sale: Anil Ambani

Written By Unknown on Selasa, 27 Agustus 2013 | 23.25

Aug 27, 2013, 03.48 PM IST

Reliance Communications, India's third-biggest mobile phone operator by customers, said in April it was in talks with a private equity consortium that included Samena Capital for the stake sale, after talks with Bahrain Telecommunications Co (Batelco) fell through.

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RComm talks in progress on unit stake sale: Anil Ambani

Reliance Communications, India's third-biggest mobile phone operator by customers, said in April it was in talks with a private equity consortium that included Samena Capital for the stake sale, after talks with Bahrain Telecommunications Co (Batelco) fell through.

Like this story, share it with millions of investors on M3

RComm talks in progress on unit stake sale: Anil Ambani

Reliance Communications, India's third-biggest mobile phone operator by customers, said in April it was in talks with a private equity consortium that included Samena Capital for the stake sale, after talks with Bahrain Telecommunications Co (Batelco) fell through.

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Reliance Communications Ltd's talks with potential partners for selling a stake in a unit that includes its undersea cable assets are in progress, Chairman Anil Ambani told shareholders on Tuesday.

He did not name any possible suitor.

Reliance Communications, India's third-biggest mobile phone operator by customers, said in April it was in talks with a private equity consortium that included Samena Capital for the stake sale, after talks with Bahrain Telecommunications Co (Batelco) fell through.


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