Apr 22, 2013 04:01 PM IST
Telecom operator Reliance Communications surged 16 percent in late trade on Monday, to touch a new 52-week high of Rs 100.05 on news that the company is in talks with PE consortium to sell Reliance Globalcom.
- Apr 09, 2013 07:41 PM IST
Reliance Communications is likely to complete its deal to sell 74 percent stake in subsidiary Reliance Globalcomm to Bahrain Telecommunication Co (Batelco) for around Rs 6,000 crore by first week of May.
- Mar 15, 2013 11:32 AM IST
Reliance Communications Ltd confirmed on Friday that it was in talks with Bahrain Telecommunications Co (Batelco) with respect to the Indian operator's enterprise business unit.
- Mar 14, 2013 09:12 PM IST
Bahrain Telecommunications Co (Batelco) is in talks with Reliance Communications to buy a stake in the Indian operator's enterprise business unit, the former monopoly said on Thursday.
- Mar 14, 2013 03:23 PM IST
Shares of Reliance Communications, one of the largest telecom operators in India, rallied nearly 6 percent intraday on Thursday on media reports that Batelco is in talks to buy controlling stake in Reliance Globalcom.
- Jan 15, 2013 12:22 PM IST
Bahrain Telecommunication Company (Batelco) is looking to re-enter India through acquisition of a telcom company, according to a media report here.
- Feb 21, 2012 07:46 PM IST
Mobile operator S Tel, which is set to lose its licence after a Supreme Court verdict, said it is helping clients switch to other operators but did not respond directly to reports that it had decided to shut down.
- Feb 08, 2012 08:00 PM IST
Bahrain Telecom became the first global firm to exit the Indian telecom market by selling its nearly 43% stake in new operator STel for USD 175 million.
- Feb 08, 2012 05:00 PM IST
Bahrain Telecommunications Co (Batelco) has agreed to sell its 43% stake in Indian affiliate S-Tel for USD 175 million, in the first foreign exit since India scrapped 122 telecoms licences last week as part of a corruption probe.