Articles tagged with: Essar Group and Telecom
Essar Cuts its Controversial Stake In Loop Telecom
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Related Tags: loop-telecom, court, India
Vodafone May Seek to Buy Out Indian Partners
Vodafone is reported to be in talks with a minority partner in its Indian subsidiary to buy out the 33% stake held by the Essar Group. Although the Essar Group has a "put option" to force Vodafone to buy its 33% stake, current Indian government rules forbid a foreign shareholder from owning more than 74% of the company. more
Related Tags: vodafone-essar, vodafone, India
American Tower Completes Prior Purchase of Essar Group's Tower Assets
American Tower Corp. (ATC) and India's Essar Group have completed the previously announced purchase agreement for Transcend Infrastructure (TIL), ATC's wholly owned subsidiary to fully acquire Essar Telecom Infrastructure (ETIPL) in an all cash deal. more
Related Tags: american-tower, antenna, wireless, India
Essar Group Looking to Sell Vodafone Essar Stake
India's Essar Group is reported to be planning to float some of its 33 percent stake in Vodafone Essar - it's joint venture with Vodafone. A sale of a 10 percent stake may take place early next year, Bloomberg News reported, citing people close to the matter. A ten percent stake is estimated to be worth at least US$855 million. more
Related Tags: vodafone, vodafone-essar, wireless, option, planning, India
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