Thursday, 4 January 2018

2G scam; RCom's future, leadership: Top quotes from Anil Ambani's interview

Anil Ambani

The "new" Reliance Communications (RCOM) will be "capex light" and emerge as India's largest B2B (business-to-business) entity that is "focussed on the global and enterprise business", according to Reliance Group Chairman Anil Ambani.

It will also have a "strong strategic partner coming in the next few months", Ambani said in a wide-ranging interview to The Economic Times, his first in a decade.

"New RCOM will be stronger and be India's largest B2B business. It is capex light and we are very conservatively structured... The IDC (international data centres) business is set to explode. There is a huge opportunity -- and as an opportunity for India grows with $400 billion in reserves and good ratings, we will grow as well," Ambani said.


Anil Ambani gave an interview, his first in 10 years, to The Economic Times on Wednesday. Here are the top 10 quotes from the interview:

On 2G verdict: Truth prevails. No individual or corporation should undergo this humiliation, slander, damage to individual and corporate reputation. The reputation that you have built over years and years can be broken in an instant.

On seeking compensation over 2G verdict: You cannot rule out anything. What will you do, when will you, how can you do? There are so many constituents in the 2G constituency. Somebody does something, there is a collateral damage from the other side. It is complex, not simple as yes or no, it is not black and white.
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