ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Reliance Comm in $600m undersea cable venture

Alibaba joins consortium of investors that will foot half the bill

Anil Ambani, chairman of Reliance Communication, addresses a news conference at the company’s headquarters in Mumbai on Dec. 26, 2017.   © Reuters

MUMBAI -- Reliance Communications, which late last year exited the consumer telecom business as part of a group restructure, is investing $600 million to lay a 68,000km undersea cable spreading up to Italy and Hong Kong, with its partner China's Alibaba Group Holding and five others funding half of the project.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more