Annamalai University M.Sc I.T 2k4-2k9
Welcome To AUMSCIT ForuM.
Our Farewell Day Photos are present @ Announcement Section.

This Forum will act as a bridge to connect students of M.Sc I.T 2004-2009 batch belongs to Annamalai University, TN, India
HomeGalleryFAQSearchMemberlistUsergroupsRegisterLog in
Hi, our Farewell Day Celebration Photos are available @ Announcement Section

Share | 

 DoCoMo to acquire 26% stake in Tata Teleservices

Go down 


Number of posts : 209
Age : 33
Location : CDM,IndiA
Job/hobbies : Till now Student
Registration date : 2008-10-21

PostSubject: DoCoMo to acquire 26% stake in Tata Teleservices   Thu Nov 13, 2008 8:44 pm

DoCoMo to acquire 26% stake in Tata Teleservices

Japan’s biggest mobile-phone operator, NTT DoCoMo Inc., plans to acquire stake in Tata Teleservices, according to a report. The terms of the deal were not known. However, according to the Nikkei Net Interactive Web site reports the company may buy 26% stake for US$2.7bn.

Earlier, in June, DoCoMo said it’s keen on investing in markets including Bangladesh, Vietnam, Cambodia, Laos and China because of low mobile-phone usage.

The money from the stake sale would help fund Tata Teleservices’s plans to invest in its networks before new competitors such as Russia’s Sistema JSFC expand, and Norway’s Telenor ASA and Emirates Telecom Corp. begin operating in India, the report stated.

Back to top Go down
View user profile
DoCoMo to acquire 26% stake in Tata Teleservices
Back to top 
Page 1 of 1
 Similar topics
» Cheap international Mobile calls

Permissions in this forum:You cannot reply to topics in this forum
Annamalai University M.Sc I.T 2k4-2k9 :: Community :: World News-
Jump to: