Thursday, 19 September 2019

Tata settles $7.3bn dues to complete mobile business sell off

By Chris Kelly, Total Telecom
Monday 08 July 19

Tata Group originally agreed to the sale of its mobile phone business unit in 2017

Indian conglomerate, Tata Group, has paid off $7.3 billion worth of dues, in order to complete the sale of its mobile phone business to Bharti Airtel. The deal was originally announced two years ago but has been held up over outstanding payments to India's Department of Telecoms…

Indian conglomerate, Tata Group, has paid off $7.3 billion worth of dues, in order to complete the sale of its mobile phone business to Bharti Airtel. The deal was originally announced two years ago but has been held up over outstanding payments to India's Department of Telecoms…

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