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Articles tagged with: Essar and Orissa
Private Equity Group Invests in Indian Mobile Operator
The private equity group, Providence Equity Partners has taken a twenty percent stake in Aditya Birla Telecom (ABTL) - a wholly-owned subsidiary of India's Idea Cellular - for US$640 million. ABTL owns the telecom mobile license for the Bihar service area and will hold a 16 per cent stake in Indus Towers, the company's tower subsidiary which is co-owned by Vodafone essar and Bharti Airtel. more
Related Tags: bharti, maharashtra, vodafone-essar, idea-cellular, passive-infrastructure, jharkhand, bihar, towers, tower, providence-equity, India
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