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Earlier reports by media said REC, PFC and IFCI were holding talks with two foreign banks to set up a new bank in joint venture, to create more reach and have a diversified ownership.
Long unwinding was seen in IFCI and Kingfisher Airlines.
LIC is reported to have approached the IFCI management to lower its holding from 11.
Business Editors & High-Tech Writers PHOENIX--(BUSINESS WIRE)--April 11, 2001 IFCI to Provide Digital, High-Speed Data and Telephony Services for Residential, Commercial Users International FiberCom Inc.
Not only does this acquisition help round out IFCI's wireless service offerings with carriers, but there is the bonus of expected synergies with AeroComm and other IFCI operations, opening up new opportunities for all.
19, 2000 Ninth IFCI Customer Building a Nationwide High-Speed Network Capable of Providing Bundled Services Access to the Home and Business International FiberCom Inc.
The WCOM agreement is for nationwide Outside Plant Engineering and Project Management; IFCI was chosen as one of 10 awardees from a field of over 75 competing companies.
IFCI plans to aggressively market the US WEST inventory to its customer base, which includes most of the nation's incumbent local exchange carriers (ILECs), long distance carriers and competitive local exchange carriers (CLECs), as well as to numerous independent telephone companies, inter-exchange carriers, the secondary equipment trade and others.