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BCI, Brookfield buy 175,000 communication towers from Reliance in India

2020-09-02 10:53:00| Telecompaper Headlines

(Telecompaper) British Columbia Investment (BCI), alongside Brookfield Infrastructure Partners, have acquired a 100 percent stake in a telecom tower company in India from Reliance Industrial Investments, a subsidiary of Reliance Industries. The total equity commitment for the transaction is USD 3.4 billion. The investment comprises a portfolio of around 135,000 communication towers which forms Reliance Jio Infocomm's telecommunication network.

Tags: buy communication india reliance

 

Reliance Retail acquires peer Future in $3.4bn deal

2020-09-01 18:46:00| Daily apparel & textile news and comment - from just-style.com

India's Reliance Retail Ventures is acquiring peer Future Group in an INR24.7bn (US$3.4bn) deal to boost its fast-growing retail business.

Tags: future deal retail peer

 
 

Reliance Industries Ltd (RELIANCE) - Financial and Strategic SWOT Analysis Review

2020-08-19 02:00:00| Apparel & textile industry market research - from just-style.com

Reliance Industries Ltd (RIL) is a conglomerate with business interests in energy, petrochemicals, textiles, retail, entertainment, materials and telecommunication sectors. The company carries out the

Tags: review analysis financial industries

 

ByteDance in talks with Reliance to keep TikTok afloat in India - report

2020-08-13 12:52:00| Telecompaper Headlines

(Telecompaper) China-based ByteDance is early discussions with Reliance Industries for backing its TikTok business in India, writes TechCrunch. The move would save the video app's fate in its biggest market by users, after the Indian government last month bundled several Chinese apps in the country. Reliance operates the telecom venture Jio Platforms, owner of mobile operator Jio. 

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Reliance could be TikToks much needed lifeline in India

2020-08-13 02:00:00| Total Telecom industry news

As a result of the ongoing geopolitical clash between India and China, much of which revolves around tensions over their shared border, India made the move to ban 59 Chinese apps at the end of June. One of these apps was ByteDance’s TikTok, the video-sharing app that has taken the world by …read more on TotalTele.com »

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