Friday, 22 September 2017

Softbank reportedly part of $1bn low-cost handset maker investment

By Mary Lennighan, Total Telecom
Monday 30 March 15

Japanese mobile operator heads up investment group looking at buying into India's Micromax, according to media reports.

Softbank is looking to buy into Indian low-cost handset manufacturer Micromax Informatics, it emerged late last week. The Japanese mobile operator is heading up an investment group that is in talks to acquire a 20% stake in the firm for US$800 million…

Softbank is looking to buy into Indian low-cost handset manufacturer Micromax Informatics, it emerged late last week. The Japanese mobile operator is heading up an investment group that is in talks to acquire a 20% stake in the firm for US$800 million…

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