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Telecom: Will RIL, RCom compete or collaborate?
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Quote:In a move that has made waves in the telecom sector, $44.6-billion Reliance Industries Ltd (RIL) on Friday re-entered the telecom space after signing an agreement to buy a 95% stake in Infotel Broadband Services for a value of Rs 4,800 crore.

Infotel is the only bidder to win 20 MHz of pan-India spectrum at a cost of Rs 12,847.77 crore in the Broadband Wireless Access (BWA) auctions that concluded on Friday. Infotel belongs to Anant Nahatta, son of HFCL owner Mahendra Nahatta.

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