Monday, 05 December 2016

DoCoMo hangs onto Indian unit stake

By Nick Wood, Total Telecom
Thursday 10 April 14

Japanese telco paves way for possible Vodafone deal after opting not to sell its Tata Teleservices shares back to Tata.

NTT DoCoMo has opted to retain its 26.5% stake in its Indian joint venture, Tata Teleservices, for another 12 months, which could pave the way for a deal with Vodafone. The Japanese telco had the option of selling its stake back to its Indian partner Tata Group for approximately half the 130 billion rupees (&euro…

NTT DoCoMo has opted to retain its 26.5% stake in its Indian joint venture, Tata Teleservices, for another 12 months, which could pave the way for a deal with Vodafone. The Japanese telco had the option of selling its stake back to its Indian partner Tata Group for approximately half the 130 billion rupees (&euro…

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