RCom Reliance Communications on course to exit from telecom tower business

[scorpionking76]

Let see how many DTH get sold out after 100% FDI.

FDI infusing may be for business expansion and cannot be for operational I guess

 

[Technoglitch]

Then why need to stake upto 100%?

 

[scorpionking76]

As I stated earlier, for operational purpose for ex. tatasky needs money for completing mpeg4 and satellite migration. In nutshell for technology upgrade.

 

[IndianMascot]

No I was talking about mobile tower business, I guess when they sold Reliance Infratel

I also remember similar news earlier. May be they sold small stake earlier.