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Reliance confirms talks with Batelco

2013-03-15 08:20:00| Telecompaper Headlines

(Telecompaper) India's Reliance Communications has confirmed it is in talks with Batelco on selling a stake in Reliance Globalcom, the company's enterprise business unit. Reliance warned that at this point, there can be no certainty that the talks will lead to a transaction and said that further announcements will be made in due course. Batelco also confirmed it's in discussions with Reliance Group with respect to Reliance Globalcom.

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