India's richest person Mukesh Ambani's Reliance Industries (RIL) is looking to bid for the Netherlands' second-largest mobile operator, T-Mobile Netherlands BV, Bloomberg reported. The company's owner Deutsche Telekom AG is seeking about $5.9 billion in any sale. Dutch telecom company KPN's shares dropped as much as 4.7% in Amsterdam over reports that RIL was considering a bid for its competitor.