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Articles tagged with: Telekom Malaysia and Etisalat
Talks Stall Over Spice India Buyout
Plans by India's Idea Cellular to take a controlling stake in rival operator, Spice Communications are reported to have stalled over a dispute about the price being offered. Investment banking sources told the Business Standard newspaper that B K Modi had asked for Rs 70 a share - but India is reluctant to pay over Rs 60 per share. more
Related Tags: idea-cellular, telekom, spice, India
Etisalat Interested in Entering Indian Market
Emirates Telecommunications Corp, or Etisalat said on Wednesday that it has
held meetings with India's Spice Communications and others about possibly making
investments to enter the Indian market.
"India is a very attractive market for Etisalat and we are studying
different market entry strategies to determine the most appropriate fit,"
Chairman Mohammad Hassan Omran said in a statement to the UAE stock exchange.
Omran said the company was studying a greenfield licence announced by the Indian
government. "We have also entered into direct meetings with various
entities, amongst them Spice Communications, " Omran said, adding that
nothing had been finalised.
more
Three Cos Deposit Earnest Money For Pakistan Telecom Sale
KARACHI (Dow Jones)-Three shortlisted firms, including Singapore Telecommunications Ltd. (T48.SG), have deposited $40 million each as earnest money to take part in the bidding to sell a 26% stake in Pakistan Telecommunication Co., or PTCL., a government statement said Friday. more
Related Tags: ptc, singtel, turkcell, emirates, ptcl
Delay Possible In Pakistan Telecom Bidding -Minister
ISLAMABAD -(Dow Jones)- The planned bidding to sell a 26% stake in Pakistan Telecommunication Co. (PTC.KA), or PTCL, the country's largest telecom service provider, may get delayed beyond its scheduled date of June 10, a government minister said Saturday. more
Related Tags: ptc, turkcell, emirates, ptcl
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