Monday, 24 September 2018

Batelco's passage [back] to India looms

By Mary Lennighan, Total Telecom
Tuesday 09 April 13

A $1 billion deal that would see Bahrain incumbent take control of India's Reliance Globalcom could come within next two months, sources say.

Bahrain's Batelco will broker a $1 billion deal for an 80% stake in India's Reliance Globalcom by the end of next month, it emerged this week. Citing unnamed sources, the Times of India on Monday reported that a consortium led by Batelco and also including private equity firms will take over control of the subsea cable operator by the end of May…

Bahrain's Batelco will broker a $1 billion deal for an 80% stake in India's Reliance Globalcom by the end of next month, it emerged this week. Citing unnamed sources, the Times of India on Monday reported that a consortium led by Batelco and also including private equity firms will take over control of the subsea cable operator by the end of May…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry