RCom’s Debt Increases, With The Loss Of Deal

Reliance Communication, one of India’s leading telecom companies in India, is in a spot of bother as their debts are rapidly increasing. It was a known fact that RCom had plans of cleaning these...
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Etisalat’s Indian Mobile Venture Lands Into Trouble

It’s such a regular happening these days; M&As often land up in trouble with government bodies. Tell it to be failure of the due dilligence team of the company, or the strict bureaucratic laws...
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RComm Plans 26% Stake Sale: The Story So Far

It was on Sunday that RComm’s board officially announced its plan to issue a 26% stake in the company to strategic or private equity investors at a premium to the prevailing market price. The announcement...
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UAE’s Telecom Giant Etisalat Eyes Majority Stake in Mumbai’s Swan Telecom

The Indian Telecom industry is abuzz with activity and we’ve been paying close attention to the details to bring you news as it happens (or in this case, as it is about to happen). Not too long after...
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Reliance to Offer Inter Bank Money Transfer Services Across 110 Countries

Reliance Globalcom, the international arm of Reliance Communications, is planning to launch a global backbone to enable international inter-bank transfer on mobile platforms across 110 countries reports Business...
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