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

Swisscom backs 6,000 mobile tower JV in Italy to accelerate 5G rollout and cut costs

Swisscom has announced a telecom tower initiative in Italy,...

AT&T Launches Unified AI-Powered App to Simplify Customer Experience

AT&T has begun rolling out its new flagship mobile...

Telecom news: Netcracker Technology, Hiya, Vodafone, Reliance Jio, BSNL

Today’s telecom news includes announcements on Netcracker Technology, Hiya, Vodafone,...

Telecom news: JD Power, Avaya, Comtech Telecommunications, Zong

Today’s telecom news includes announcements on JD Power, Avaya, Comtech...