Anil Ambani led Reliance Communications (RCom), India’s second biggest wireless operator, is consolidating its global business under the single umbrella brand of ‘Reliance Globalcom.’
Punit Garg, president, Reliance Globalcom stated that Reliance Globalcom, a division of RCom, will be headquartered in London, and will come up with an initial public offer (IPO) shortly.
“As this company is outside India and all its revenues are in foreign currencies, it is but natural that it will be listed on an exchange there, after evaluating where we can get the best possible investors,” said Mr. Punit Garg.
