Reliance Communications’ investment in Swan Telecom

Anil Ambani-promoted Reliance Communications’ investment of Rs 30.28 crore in Swan Telecom, as per annual report of 2007-08, is given here. This investment is alleged to have dragged the telecom giant to CBI Court.

RCom invests in Swan Telecom

Yesterday CBI special court managed Anil Ambani, chairman of Reliance Communications, who said he does not remember Swan Telecom.

editor@telecomlead.com

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Zain Wins $747 mn Syria Telecom License, Plans $800 Million 5G and AI Network Investment

Zain Group has secured a 25-year mobile telecommunications license...

Telecom news: Vonage, Rakuten, Huawei, TM Forum

Today’s telecom news includes announcements on Vonage, Rakuten, Huawei, TM...

Telecom news: Mobile Communications America (MCA), MGW Telephone, Ribbon Communications, AT&T

Today’s telecom news includes announcements on Mobile Communications America (MCA),...

TRAI Drive Test: Jio Leads Mobile Network Performance on Jodhpur–Ahmedabad Rail Route, Airtel Delivers Zero Call Drops

Reliance Jio emerged as the top-performing telecom operator in...