Home Page : Archive News : September 2016 News : Reliance Communications/Aircel venture looks to raise $1 bln for expansion | |
Reliance Communications/Aircel venture looks to raise $1 bln for expansion | |
September 16, 2016 MUMBAI, Sept 15- Reliance Communications, which is to merge its wireless business with smaller rival Aircel, said on Thursday the combined carrier would look to raise about $1 billion in equity from outside investors for expansion and to pay for mobile spectrum. Billionaire Anil Ambani- controlled Reliance Communications, and Aircel parent Malaysia's Maxis... Source: http://www.cnbc.com/2016/09/15/reuters-america-reliance-communicationsaircel-venture-looks-to-raise-1-bln-for-expansion.html |