Tags:
Journalism of Courage
Reliance Communications said on Wednesday it has been receiving proposals from time to time from international telecom companies expressing interest in acquiring a strategic equity stake in it.
The company evaluates such proposals,in line with the company’s policy to constantly endeavour to enhance overall shareholder value,the No. 2 Indian telecoms firm said in a statement to the stock exchange.
Earlier,a newspaper report said Abu Dhabi’s Etisalat was in advanced talks to buy a quarter of Reliance Communications for 180 billion rupees ($3.8 billion).
