The brotherly bailout is striking because Mukesh Ambani pla

  yed a part in bringing his younger brother’s business to the brink of collapse.

  The Mumbai billionaire stunned India in September 2016 when he launched a ne

w mobile network called Reliance Jio that offered customers six months of free high-speed internet.

  The move triggered a brutal price war, forcing some companies to quit the market altogether, including Reliance Communications.

  Indian billionaire turns to bankruptcy court after losing 4G price war with his brother

  Anil Ambani’s company, once one of India’s biggest mobile pl

ayers, announced in late 2017 that it would sell its main consumer mobile business to Reli

ance Jio in order to focus on providing data services to corporate clients.

  That deal has now been abandoned, the two companies said Monday. An Indian bankruptcy court will instead auct

ion off Reliance Communications’ mobile assets to pay off the company’s $7 billion debt.

  The Ambani brothers have had a tumultuous and often acrim

onious relationship. After the death of their father in 2002, they waged a bitter succe

ssion battle for control of the vast Reliance business empire that he had spent decades building.

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