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

Telefonica advances AI-powered networks with 12 Level 4 autonomous network use cases

Telefonica has accelerated its network automation strategy, ending 2025...

Virgin Media 2025 Results: Revenue Declines, ARPU Trends, Subscriber Shifts and Fibre-Led Strategy Shape 2026 Outlook

Virgin Media O2 reported mixed financial and operational performance...

Sunrise FY2025 results: revenue, ARPU, subscriber growth, broadband stability and Capex shape 2026 strategy

Sunrise has delivered its FY2025 results, highlighting stable revenue,...