MUMBAI: Mukesh Ambani-led Reliance Industries (RIL) is in talks with UTV Software Communications (UTV) to acquire content for its telecom operations.
The deal between RIL and UTV is expected to be completed in the coming weeks, the Financial Times said quoting sources close to the development.
Reliance had last year acquired Infotel, the only firm which secured nationwide wireless broadband radio airwaves in the auction.
The daily said that the deal is expected to give Reliance access to games, entertainment and children‘s content for their telecom operations.
The company has major plans of building a data-focused business for mobile, smartphone, tablet and computer users with a wireless broadband network.