NTT DoCoMo to complete TTSL investment by March 2009 (Japan, India)

January 22, 2009 at 18:39 Leave a comment

According to Bloomberg, Japan’s NTT DoCoMo has said its USD2.7 billion investment in Indian wireline and mobile operator Tata Teleservices (TTSL) will be completed by March 2009. NTT has said that the acquisition of a 26% stake in TTSL has been held up as it awaits approval from local authorities. This is the second delay to the purchase, after it was initially deferred to 8 January by the Japanese cellco, due to the Securities and Exchange Board of India having not approved the transaction.

Wireless Industry News

Advertisements

Entry filed under: Asia, Bloomberg, India, Japan, Mobile Network Operator, NTT DoCoMo, TATA Teleservices. Tags: , , , , , .

Israel’s WiMAX policy to be completed by end-January Nokia Q4 Profit Slumps 69% – Warns of Difficult 2009

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Feeds

Email Newsletter

Recent Posts

January 2009
M T W T F S S
« Dec   Feb »
 1234
567891011
12131415161718
19202122232425
262728293031  

Categories


%d bloggers like this: