RELIANCE COMMUNICATIONS LTD. - Clarification from Reliance Communications Ltd

The Exchange had sought clarification from Reliance Communications Ltd with respect to the news flash "Rel Comm, ZTE sign agreement $153mn.Rel Comm, Huawei sign agreement $157 mn" appearing on ET NOW on September 17, 2014.<br/> <br/>Reliance Communications Ltd replied as under:<br/><br/>"As a part of the routine and ongoing business requirement, the Company have placed Letter of Intent with Huawei Communications for USD 157 Mn and ZTE Corporation for USD 162 Mn."