France Telecom Sells 26% Stake In India's BPL Mobile

PARIS -(Dow Jones)- France Telecom SA (FTE) has sold its 26% stake in Indian cellular operator BPL Mobile Communications Ltd., a spokeswoman for the French company said Friday.

The Paris-based company declined to give financial details.

According to France Telecom's annual report, the remaining 74% is held by BPL Cellular Holdings, which has interests in wireless, Internet and broadband services throughout India.

BPL Mobile had 573,877 registered customers at December 31, 2002.

Company Web site: http://www.francetelecom.com

-By Benoit Faucon, Dow Jones Newswires; +33 1 40 17 17 40, benoit.faucon@dowjones.com


(END) Dow Jones Newswires
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Posted to the site on 3rd December 2004

Posted to: www.cellular-news.com/story/11363.php