Reliance Communications to consolidate its global business

Reliance Communications on Wednesday said it is consolidating its international businesses under Reliance Globalcom, the newly incorporated umbrella brand for all its overseas businesses.

"By integrating the international businesses under Reliance Globalcom, we are presenting a single face to our customers, to our partners and to our vendors," Reliance Globalcom president Punit Garg told reporters.

Reliance Communications has three international businesses namely Flag, Yipes and Voice. Now, all these three verticals would come under Reliance Globalcom.

Reliance Globalcom would be a subsidiary "directly and indirectly" of reliance communications and headquartered in London.

Reliance Globalcom would come into being in the next 60-90 days after the necessary regulatory approvals, he said.