Reliance Retail to source mobile services from biggest rival Bharti

reliance_logoIt may come as a big surprise, however, according to sources, two of the biggest rivals in organised retail, Reliance Retail and Bharti have joined hands to ink a deal which will allow Reliance Retail to source mobile and enterprise communication services (which includes mobile, broadband and leased line services) for its retail venture from Bharti Airtel, the telecom outfit of Sunil Mittal owned Bharti group.

It may be interesting to note that it was Mukesh Ambani owned Reliance Industries, which had earlier rolled out Reliance’s CDMA mobile network across the country in the teeth of stiff opposition from Bharti backed GMA mobile operators. After the split of Ambani brothers, Reliance Mobile is now owned by Anil Ambani group.

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