Anil himself is looking to offload a 26% stake in his debt-laden Reliance Communications.
More recently, Etisalat was tipped as a possible buyer of a minority stake in Reliance Communications.
Today, companies like Reliance Communications can install that many lines in two days, he notes.
He cites Reliance Communications, a bank client and one of the country's leading mobile phone operators.
Huawei supplies network equipment to many of India's biggest telcos: Bharti Airtel, Vodafone Essar and Reliance Communications.
Shares of Reliance Communications perked up further Wednesday on talk that the conclusion of the Batelco deal is imminent.
We show Reliance Industries (258), but for Reliance Communications, come back next year.
But one year on, Tata is now not only worth more than Reliance Industries, but both it and Reliance Communications combined.
Younger Ambani brother's net worth surged, thanks in part to March listing of telecom operator Reliance Communications, of which he holds 65%.
According to one person familiar with the situation, Mukesh has expressed interest in leasing fiber-optic cables from Anil's firm, Reliance Communications Ltd.
Anil Ambani, the Chairman of Reliance Communications (and one of Forbes top 100 billionaires), was hauled in for questioning by the Central Bureau of Investigation.
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Plans to merge his Reliance Communications with South Africa's MTN were scuttled last July after brother Mukesh threatened to sue, claiming he had right of first refusal.
In July a bid by Reliance Communications, run by Anil Ambani, to buy a South African mobile-phone company was thwarted by Mukesh Ambani, the boss of Reliance Industries.
Biggest asset is 66% stake in telecom venture Reliance Communications.
That threat has prompted some telecom operators including Telefonica to launch their own rival services, while others such as India's Reliance Communications have preferred to sign formal partnerships with WhatsApp itself.
Reliance Communications, having won over 60m 2G subscribers using one technological standard, has just crossed over to the more popular GSM standard, dominated by its rivals Bharti Airtel and Vodafone Essar.
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Reliance Communications didn't respond to a request for comment.
The Ruia brothers, insisting they had the first right to buy Hutchison Telecom's stake--a claim it disputes--were pitted against much better known foes, Vodafone and Reliance Communications, which is controlled by Indian billionaire Anil Ambani.
By insisting that an auction is the only fair way to allocate spectrum, the Supreme Court has cast into question other licences granted before 2009 by different means, including those of Reliance Communications and the Tata group, two giant firms.
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