India's Reliance, readying 4G, inks cable pact with Bharti

By Prashant Mehra and Aradhana Aravindan MUMBAI (Reuters) - Conglomerate Reliance Industries Ltd took a step closer to launching 4G services into a fiercely competitive Indian telecoms market with a deal on Tuesday to lease undersea cable capacity from Bharti Airtel. Reliance, controlled by billionaire Mukesh Ambani, spent $3 billion in 2010 on 4G, including payment for nationwide airwaves, but has said little about its plans. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/indias-reliance-readying-4g-inks-cable-pact-bharti-113112953--finance.html