What exactly is Reliance doing with FLAG?
Remember, a while back when RIL was still under Mukesh, it acquired FLAG Telecom for $210 million. What exactly is it doing with FLAG? At that time, there were these supposed synergies and how Reliance Telecom (which acquired a license to offer telecommunication services in the US) will fill those empty undersea submarine pipes with a lot of traffic. Things have changed since - a family squabble, a new CEO - but the pipes are still empty!