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Billionaire Mittal says Reliance will shake up telecom in India

Earlier this month, Reliance Communications Ltd - headed by Mukesh Ambani's brother Anil Ambani - agreed to buy AFK Sistema's Indian wireless unit in an all-stock deal to create a carrier with 118 million subscribers.


BHARTI Airtel Ltd's chairman Sunil Mittal said India's richest man Mukesh Ambani is going to shake up the country's telecommunication industry with the start of a US$15 billion fourth-generation wireless service.

The impending entry of Mr Ambani's Reliance Jio Infocomm Ltd