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Articles tagged with: Batelco and Jammu
Batelco Increases Indian Investment - Plans Further Aquisitions
Bahrain based batelco says that it has increased its stake in India's S Tel to 42.7% and has an intention to raise that to 49% over the next few months. The company paid US$38.8 million to increase its holding from 36.9%. more
Batelco Buys 49% Stake in Indian Regional Mobile Network
Bahrain based telco, batelco has announced that it is buying a 49% stake in Indian greenfield mobile operator, S Tel for US$225 million. batelco has partnered with Millennium Private Equity (MPE), a Dubai Financial Services Authority (DFSA) regulated entity to form batelco Millennium India Company Limited (BMICL) to purchase the shares in S Tel. more
Related Tags: s-tel, dubai, dubai, India