India's Reliance looking for overseas WiMAX play

India's Reliance Communications (RCom) plans to use WiMAX to gain an international presence, according to an article in the Business Standard. The company has aspirations of setting up WiMAX networks across 50 countries during the next three years. The company, which already has a WiMAX network up and running in 18 cities in India, is reportedly planning to purchase a European WiMAX operator that has about 20 markets in Europe for about $400 million.

To read more about Reliance's WiMAX aspirations:
- take a look at this article from the Business Standard