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Reliance ADA Group on hunt for US-based mobile content firms, says WSJ
TT Bureau |  |  20 Aug 2008

Reliance Anil Dhirubhai Ambani (ADA) Group is in search of buying US companies dealing in mobile-phone content like games and ring tones, the Wall Street Journal (WSJ) reports.

The company’s short term goal is to capture the U.S. wireless and mobile games market. As of now the company has not approached or identified any specific US companies, the report says. The report says the company has hired consulting firm VSC Consulting to facilitate such acquisitions.

    
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20 Aug 2008(IST)  
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