http://www.watblog.com/2008/06/16/and-the-reliance-saga-continues%e2%80%a6/ The Refreshing Blog on Web, Advertising and Technology in India! Wed, 08 Feb 2012 06:34:44 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.watblog.com/2008/06/16/and-the-reliance-saga-continues%e2%80%a6/comment-page-1/#comment-8117 Ravi Mon, 16 Jun 2008 11:00:45 +0000 http://www.watblog.com/2008/06/16/and-the-reliance-saga-continues%e2%80%a6/#comment-8117 It is really sad that Mukesh Ambani is trying to derail this deal. The claims made by Reliance Industries Limited are baseless and were based on an agreement in 2006, which was signed only by Reliance Industries officials and was later overturned by the Bombay High Court. This deal would would create one of the world’s largest emerging-markets telecom operators with 115m subscribers spread across Africa, India and the Middle East which is why Mukesh is scared. It is really sad that Mukesh Ambani is trying to derail this deal.
The claims made by Reliance Industries Limited are baseless and were based on an agreement in 2006, which was signed only by Reliance Industries officials and was later overturned by the Bombay High Court.
This deal would would create one of the world’s largest emerging-markets telecom operators with 115m subscribers spread across Africa, India and the Middle East which is why Mukesh is scared.

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