Articles tagged with: S Tel

Reliance Signs Indian Tower Contract with Greenfield Network Operator

­Indian telecoms tower operator, Reliance Infratel has signed a network infrastructure management contract with new-entrant, S Tel. The agreement with Infratel, a subsidiary of Reliance Communications, is for six circles - Orissa, Bihar, Himachal Pradesh, North East, Assam and J&K and covers telecom towers, transmission for BTS sites and fibre backbone for intercity connectivity  more

Related Tags: reliance-infratel, batelco, assam, India

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

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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: batelco, dubai, dubai, jammu, India