Relationship with brother cordial, telecom ventures will always be separate: Anil Ambani | business news | Hindustan Times
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Relationship with brother cordial, telecom ventures will always be separate: Anil Ambani

Anil and Mukesh Ambani had divided the Reliance business empire founded by their father Dhirubhai Ambani, about a decade ago.

business Updated: Jun 02, 2017 21:57 IST
Anil and Mukesh Ambani had divided the Reliance business empire founded by their father Dhirubhai Ambani, about a decade ago.
Anil and Mukesh Ambani had divided the Reliance business empire founded by their father Dhirubhai Ambani, about a decade ago.(AFP File Photo)

Reliance Communications chairperson Anil Ambani on Friday said his relationship with his brother Mukesh Ambani is cordial and all speculations to the contrary are unnecessary even as their telecom ventures will continue to be separate entities despite business ties.

“My relationship with my brother (Reliance Industries Ltd chairman Mukesh Ambani) is cordial, meaningful and full of respect. So any speculation is completely unnecessary,” Ambani said.

The two brothers had divided the business empire founded by their father Dhirubhai Ambani, about a decade ago.

Replying to query on relationship between two companies, Reliance Communications and Reliance Jio, Ambani said both are separate entities and will continue to be so.

“We will have strategic cooperation in terms of spectrum, fibre, intra circle roaming, towers and any other areas, which can bring synergies, cost savings and that is strategic roadmap, which will continue,” he said.