Vivendi Denies Reliance Talks

Ray Le Maistre

8:20 AM -- In the ongoing saga surrounding the potential sale of a stake in Indian operator Reliance Communications Ltd. , French giant Vivendi is the latest name in the frame, with local media reports suggesting that talks have been going on for about a month.

Vivendi, though, says it hasn't engaged in any such discussions, reports Reuters.

AT&T Inc. (NYSE: T) and Etisalat have also been suggested as interested parties. (See Reliance Lines Up Stake Sale.)

— Ray Le Maistre, International Managing Editor, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from AsiaBlog
Staff humiliation strategy goes viral in China
Are you watching, Europe?
Security concerns scupper China Mobile investment in Taiwanese operator
Major carrier plans a near 50% hike in annual spending, with LTE TDD getting a healthy chunk
The Chinese vendors hike their intellectual property investments and ask everyone to play nice with patents
Featured Video
Upcoming Live Events
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events