Ambani is all set to enter telecom business in Africa, but there’s a problem

Reliance Industries’s 5G venture in Ghana looks like a promising step in boosting the West African country’s telecom ambitions. However, the debt-laden nation’s opposition is not convinced.

5 June, 20241 min
0
Ambani is all set to enter telecom business in Africa, but there’s a problem

You may also like

Business
Story image

Q3 earnings lay bare $5 billion migraine for four of India’s top banks

While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.

Business
Story image

Reliance’s growth engines may be losing steam

Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.

Business
Story image

Jio Financial is learning from Bajaj Finserv and that should worry Aditya Birla Capital

Alongside a decent set of numbers, the Mukesh Ambani-helmed financial services co. has articulated a long-term playbook that could reshape the competitive landscape of financial services.