Billionaire Mittal Says Reliance Will Shake Telecom in India

Updated on
  • Mittal's Airtel investing $3.5 billion in network upgrades
  • Focus is on opportunities to buy spectrum rather than M&A

Is India’s Telecom About to be Shaken up?

Bharti Airtel Ltd.’s Chairman Sunil Mittal said India’s richest man Mukesh Ambani is going to shake up the country’s telecommunication industry with the start of a $15 billion fourth-generation wireless service.

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