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Date Time:07-01-2009 05:28
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Reliance Globalcom acquires Vanco Group
Reliance Globalcom, subsidiary of Reliance Communications, has signed an agreement to acquire UK-based global managed network services provider Vanco Group. The acquisition of Vanco would add USD 365 million to the annual revenue of Reliance Globalcom through secure long-term contracts with large enterprise customers. Under the acquisition agreement, Reliance Globalcom will pay USD 76.9 million to acquire Vanco Group free of debt. Reliance Globalcom, through this acquisition, would add nine network management centres to its integrated global service systems and processes. Reliance Globalcom’s sales and channel organisation structure would further enhance its customer delivery capabilities in US, UK, France, Germany, Benelux, Singapore and Australia.
Read more:http://www.telecom.paper.nl/news/article.aspx?id=216377&nr=
Reliance to Offer Inter Bank Money Transfer Services Across 110 …
Reliance to Offer Inter Bank Money Transfer Services Across 110 …
By Harshil Karia
Reliance Globalcom, the international arm of Reliance Communications, is planning to launch a global backbone to enable international inter-bank transfer on mobile platforms across 110 countries reports Business Standard. …
Reliance Globalcom acquires majority stake in eWave World
Reliance Globalcom acquires majority stake in eWave World
TechWhack (press release) - New Delhi,Delhi,India
Reliance Communications has announced that their subsidiary Reliance Globalcom has now acquired 90 per cent stake in eWave World. …
Reliance Communications arm buys 90% stake in UK-based eWave World
Reliance Communications arm buys 90% stake in UK-based eWave World
Stock Watch - Noida,Uttar Pradesh,India
Reliance Globalcom, a fully owned subsidiary of Reliance Communications, has acquired 90% stake in UK-based Wi-Max operator eWave World. …
Reliance Plots Global WiMax Rollout
Reliance Plots Global WiMax Rollout
No one could accuse Reliance Globalcom of lacking ambition. Having announced in 2007 its plans to invest $1.5 billion on new subsea network construction, $500 million on a new integrated network in Uganda, and another $200 million to …