Mumbai: Reliance Communications will announce the winning bidder by the end of this week for building its $1.5 billion submarine cable network, a leading financial daily reported on 29 August.
The Indian telecoms firm had shortlisted three Japanese firms Fuzitsu Submarine Networks, NEC and KDD Sabmarine Cable Systems Inc for the project.
A Reliance Communications spokesman declined comment.
The company had launched the Flag Next Generation Network in December last year, which would comprise 50,000 route km of submarine cables and would connect 60 countries.
It said last month the project would be completed in the next three years.