AT&T Eyeing Stake in Indian Mobile Company

WASHINGTON, June 7, 2010 –Telecom giant AT&T is in talks with Reliance Communications, one of India’s top mobile phone firms, to possibly purchase a minority share in the firm. Reliance was one of the few companies in the recent spectrum auction in India to obtain large sections of the Broadband Wir

WASHINGTON, June 7, 2010 – Telecom giant AT&T is in talks with to Reliance Communications, one of India’s top mobile phone firms, to possibly purchase a minority share in it. Reliance was one of the few companies in the recent spectrum auction in India to obtain large sections of the Broadband Wireless Allocation band. Reliance is also in talks with Etisalat Emirates Telecommunications Corp ., an Abu Dhabi-based telecom company.

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