Flag Telecom amalgamates with Reliance Gateway

Flag Telecom, a provider of international wholesale network transport and communications services, has amalgamated with Reliance Gateway. 88.8% of company’s shareholders cast votes unanimously in favor of the proposal to amalgamate. Patrick Gallagher, Co-Chairman and CEO, Flag Telecom, says, "For Reliance, this marks a major step towards its vision of establishing the Reliance Group of companies as a world-class global telecommunications player. For Flag, it brings a strong base for future growth and opportunities to drive forward its strategy while contributing to the Reliance Group vision." 

Amit Khanna, Reliance Infocom, says, "Flag’s global fiber optic network will complement our existing next generation digital network in India and enable us to serve our customers worldwide more effectively by offering end-to-end solutions."

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