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Articles tagged with: Radio Spectrum and Alcatel Lucent
Indian Government Investigates Russian Investment in Shyam Telelink
India's Finance Ministry has issued a "show clause" notice on Shyam Telelink after Russia's Sistema recently increased its holding in the company to 73.97% without seeking government approval. The government has a mandatory cap of 75% for foreign ownership, but has to approve any investments above 49%, as Vodafone found when it took control of Vodafone Essar. more
Related Tags: huawei, zte, sistema, cdma, vodafone, foreign-investment-promotion-board, India
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