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Sanjay November 8th, 2011 7:28 PM 10 COMMENTS

RIL – Infotel Broadband Acquires Stake in Extramarks Education

Pan India Broadband Wireless Access (BWA) Spectrum winner Infotel Broadband Services Ltd. (Infotel), a subsidiary of Reliance Industries Ltd., has acquired a 38.5% stake in Extramarks Education Pvt. Ltd. (Extramarks), a company focused on school education and digital learning. The investment in Extramarks has been made through an affiliate company Reliance Strategic Investments Ltd. RIL Infotel Broadband also plans to offer fourth generation (4G) wireless networking services for Education, E-Learning... Read More

Sanjay November 3rd, 2011 6:23 PM 42 COMMENTS

RIL- Infotel and RCom To Tie-Up For 4G Wireless Broadband Services

Pan India Broadband Wireless Access (BWA) Spectrum winner Mukesh Ambani's Reliance Industries (RIL) owned Infotel Broadband Ltd to tie-up with Anil Ambani's Reliance Communication (Rcom) to revolutionize Long Term Evolution (LTE) based High Speed 4G Wirelss Broadband service in India. For the first phase of RIL's wireless broadband foray, it plans to lease around 26,000 towers from telecom power operators. The major source of its infrastructure will be contributed by... Read More

Sanjay September 19th, 2011 5:54 PM 19 COMMENTS

Reliance – Siemens To Offer Homeland Security Solutions Over 4G Network

Pan India Broadband Wireless Access (BWA) Spectrum winner Reliance - Infotel Broadband Ltd plans to offer fourth generation (4G) wireless networking services for safety, security and other advanced applications. Reliance Security Solutions Limited, a subsidiary of Reliance Industries Ltd. (RIL) and Siemens Ltd. have signed a Memorandum of Understanding to jointly develop Homeland Security Solutions for Safe, Secure and Smart Cities and Highways in India. Reliance and Siemens will combine... Read More

Sanjay 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

Sanjay 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