Vodafone; frontrunner in the Hutch deal

British telecom giant Vodafone has pipped other suitors in the Hutch-Essar deal.

By PTI | Feb 11, 2007, 07.03 PM IST

LONDON/HONG KONG: Hutchison Telecom Board is understood to have concluded its meeting on the bids received for its holding in Hutch-Essar amid indication that British telecom giant Vodafone has pipped other suitors.

However, there was no confirmation from either HTIL or Vodafone. Reliance Communications, Hindujas and Essar, the Indian partner in the venture with 33 per cent stake, had also submitted their bids on Friday.

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