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NEOTEL TELECOMS
Tata Communications completes sale of Neotel for Rs 3,200 croreOn June 28, 2016, the shareholders of Neotel entered into an agreement with a Special Purpose Vehicle (SPV) which is 70 per cent owned by L...- Tata Communication gets approval from GOI and Competition Commission of South Africa to sell NeotelLiquid Telecom, majority owned by Econet Wireless Global, entered into an agreement to acquire Neotel in June.
- Tata Communications shares surge 2% on selling arm Neotel for $428 mnOn the volume front, 4.51 lakh shares of the company were traded at BSE and more than 35.47 lakh shares changed hands at NSE during the day.
- Sale of Tata-led Neotel will boost telecom across Africa: LTNeotel was granted a licence a decade ago amid hopes of fixed line costs coming down as it competed with state provider Telkom.
- Tata Communications to sell African subsidiary Neotel for $428 millionLiquid Telecom, majority owned by Econet Wireless Global, entered into an agreement to acquire Neotel, the company said in a statement.
- Tata Comm to sell Neotel to Liquid Telecom, RBH for Rs 2,903 croreLiquid Telecom is partnering with Royal Bafokeng Holdings (RBH), a South African investment group, which is to take a 30 per cent equity st...
- Tata Comm concludes deal to sell Neotel fixed line to VodacomTata Communications today said it will sell majority of its subsidiary Neotel's fixed line assets to Vodacom South Africa but will retain c...
- Tata-led Neotel takeover in South Africa under regulator scrutinyNeotel was established by a Tata-led consortium in 2006 as South Africa's second fixed-line operator to rival government-owned Telkom's mon...
- Tata Communications plan to sell Neotel to Vodafone-owned Vodacom may come to a noughtTata Communications’ talks to sell Neotel to Vodacom are being held up as the local authority mulls whether or not to allow the transfer of...
- Tata Communications rallies on talks to sell stake in NeotelTata Communications owns 67.32 per cent in Neotel and the rest is held by CommuniTel and Nexus Connection.
- Tata-led Neotel, NIIT in educational partnership in South AfricaThe partnership, which was first announced at the recent BRICS summit in Durban, was officially launched at Neotel's head office.
- Tata-led Neotel faces opposition from S African unionsThe Tatas-led Neotel telecom consortium in South Africa is facing opposition from unions for its retrenchment plans as the company battles ...
- Tata increases stake in Neotel to 56%The Indian corporate major Tata has bought another 30 per cent stake in the second South African network operator, Neotel, to increase its ...
- Tatas’ South African arm raises Rs 375 crTata group’s South African telecom arm, Neotel, has secured a total of Rs 375 crore (7.5 billion rand) in funding, including Rs 220 crore (...
- Tatas hike stake in SA's Neotel to 56%The Tata group has increased stake in its South African telecom venture, Neotel, by 30%, thereby taking the total equity in the communicati...
- Tata-led consortium launches telecommunications academy in JohannesburgTata-led telecom consortium Neotel has launched a Telecommunications Academy in Johannesburg for imparting training in Information and Comm...
- Transtel Telecoms laps up Neotel for $33 millionSouth African operator Neotel, in which the Tatas have 51% stake, has acquired Transtel Telecoms for around $33 million.
- Neotel acquires TransnetThe acquisition has been accepted in principle accepted by Transnet
- SA telco with Tata holding to kick off soonSouth Africa’s new telecom infrastructure company InfraCo, in which the Tatas (through its long distance arm VSNL) have picked up 26%, will...
- South Africa may hang up on TatasThe South African government may deal a blow to the Tatas’ telecom operations in their country.
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