Friday, February 24, 2012

RCOM looks to reclaim INR12bn from Etisalat; Etisalat sues local partner

Indian wireless operator Reliance Communication (RCOM) is seeking to recover INR12 billion (USD241.89 million) in unpaid fees for the use of its wireless infrastructure from Etisalat DB (EDB), reports the Deccan Herald. EDB, a joint venture between UAE-backed Etisalat and India’s Dynamix Balwas Group (DB) signed a ten-year contract with RCOM in 2009, agreeing to lease infrastructure to provide 2G wireless services


Taken from:

OVETEL RCOM looks to reclaim INR12bn from Etisalat; Etisalat sues local partner

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