Ambani brothers join hands for telecom biz
  • 5 years ago
In the first business deal since they split the Ambani empire in 2005, billionaire brothers Mukesh and Anil today sewed a multi-million dollar deal where the younger sibling will share his fibre-optic network to help the other roll out his telecom venture. The agreement will allow Reliance Jio Infocomm Ltd, a unit of Mukesh Ambani's Reliance Industries Ltd, to use younger brother Anil's countrywide network to start the fourth-generation broadband service.

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