April 19th, 2011 8:09 PM 81 COMMENTS

Reliance – Infotel Plans Ambitious 4G Wireless Broadband Launch

Pan India Broadband Wireless Access (BWA) Spectrum winner Infotel Broadband Ltd geared up to launch Long Term Evolution (LTE) based High Speed 4G Wirelss Broadband service in India. Mukesh Ambani owned Reliance Industries Limited (RIL) controlled Infotel Broadband Ltd plans to create world class state- of-the-art technology using an asset light strategy. RIL will forge several strategic relations with a host of leading global technology players, service providers, infrastructure providers,... Read More

June 11th, 2010 6:25 PM 13 COMMENTS

Reliance Industries to Acquire Stake in Infotel- Pan India BWA Winner

Reliance Industries Limited (RIL) today announced that it has entered into an agreement to acquire a substantial stake in Infotel Broadband Services (P) Ltd, which has emerged as a successful bidder in all the 22 circles (Pan India) of the auction for Broadband Wireless Access (BWA) Spectrum conducted by the DoT. RIL said that it will invest about Rs 4,800 crore by way of subscription to fresh equity capital at... Read More

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