Tuesday, September 6, 2011

Reliance Comm says to restructure wireless biz (Reuters)

NEW DELHI (Reuters) ? Reliance Communications, India's second-largest mobile phone carrier by subscribers, said it will restructure its wireless business over the next 30 days in a move to increase its competitiveness.

Reliance Comm said in a statement that it would discontinue with its current structure with three regional heads, and would name a new chief operating officer and create a "leaner and flatter" structure.

(Reporting by Devidutta Tripathy; editing by Malini Menon)

Source: http://us.rd.yahoo.com/dailynews/rss/india/*http%3A//news.yahoo.com/s/nm/20110905/india_nm/india591490

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