Reliance acquires FLAG Telecom

By : |October 16, 2003 0



MUMBAI: Reliance Infocomm`s wholly-owned subsidiary, Reliance Gateway has acquired FLAG Telecom for US$207mn, Anil Ambani, vice-chairman of Reliance Industries told media persons in Mumbai today.


FLAG owns, develops and operates advanced fibre-optic global cable systems, enabling the company to offer a growing range of value-added network services.


It employs more than 200 employees in 19 offices around the world and its global IP backbone covers the majority of the world`s population.


FLAG has over 100 customers, including the vast majority of the world`s major international carriers and is registered in Bermuda with its executive office in London.


Source: IRIS

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