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PARTNER AXIATA INVESTMENTS
Facebook, Google plan new undersea cables to connect Southeast Asia and AmericaThe cables will be the first to directly connect North America to some of the main parts of Indonesia, and will increase connectivity for t...- Stocks SBI MF is betting on as ‘potential winners’ in this chaosSome analysts do not agree the fund house has made the best choices.
- Voda Idea rights issue at Rs 12.50 apieceVodafone and Aditya Birla Group to infuse up to Rs 11,000 crore and Rs 7,250 crore, respectively.
- Tatas’ telecom business seems to be going nowhereBy mid-2013, the company was looking to reduce as many as 8,000 towers and substitute them by sharing towers with Aircel and Reliance Commu...
- Twelve stocks in focus on Monday, 26 June 2016The Indian market is expected to open lower. Here is a list of top twelve stocks that are likely to be in focus today.
- US PE firm Providence to offload stake in Idea Cellular; mulls to sell 5% indirect holding in Indus TowersUS PE firm Providence is looking to sell its 5% indirect holding in Indus Towers by offloading its stake in Idea Cellular, people familiar ...
- Providence to sell 25% of its stake in Idea Cellular for $225 million via block tradesProvidence is planning to sell its 9.31% stake in Idea through block trades, either all at once or in two or more lots, these people said.
- VAS player BlackNGreen to enter 45-50 new countries; partners with Viber, LINEBlackNGreen (BNG) sees a major growth opportunity coupled with innovative products and sustainable business models.
- Vodafone to raise Indian unit stake to 100% for Rs 10,141 crore"Vodafone confirms it has filed an application with FIPB to increase its holding in VIL from 64.38% to 100%," Vodafone said.
- FIIs, global pension funds, AMCs rush to take a bite of Idea Cellular's Rs 3,000 cr QIPIn August, Goldman Sachs recommended a buy rating on Idea, which it chose as the top pick among Indian mobile telephony companies.
- K M Birla to hike promoter stake; wants over 40% holding in group companiesBirla had consolidated the promoters' stake in Grasim to 25.5% from 20% in 2001 and to 32.66% from 21% in Hindalco.
- Seen data services grow by 92% in Q1FY14: Himanshu Kapania, Idea Cellular'The mantra of our operation in the past was purely led by volume growth and subscriber additions,' says Himanshu Kapania, Idea Cellular
- 100% FDI will help deleverage balance sheets of telecom cos: Nitin Soni, Fitch Ratings"RComm looks a good candidate for foreign deal given the fact that it is the most leveraged telco in the industry among the profitable oper...
- 100% FDI in telecom to spur interest in upcoming auctions: BofA-MLAccording to BofA-ML, the opening up of the telecom sector is just a first step and more policy improvements are likely.
- M&A expectations to renew trading interest in Reliance Communications: BofAMLAccording to BofAML, mergers and acquisition expectations, post the FDI relaxation is likely renew trading interest in Reliance Communicati...
- Axiata keen to raise stake in Idea Cellular: ReportMalaysian telecom player Axiata is keen to raise its stake in its Indian partner Idea Cellular once it receives permission from the promote...
- Tariff cuts have led to reduced investment in rural ops: Himanshu Kapania, Idea CellularContinuity, nimble decision making and growth in data business will be key drivers for Idea's future, says Himanshu Kapania of Idea Cellula...
- Bharti starts global journey with Warid buy, eyes more such dealsBharti Airtel, the country’s largest mobile phone operator, on Tuesday said the acquisition of Bangladesh’s Warid Telecom was the ‘start of...
- Idea-Spice merger may ring in gains for Malaysian allyThe principal promoters of Idea Cellular have decided that on conclusion of the Idea-Spice merger, the benefit of Axiata’s expanded holding...
- 'More clarity needed on overall spectrum policy'ET NOW caught up with Sanjeev Aga, who talked about Idea's expansion plans, its relationship with Malaysian partner Axiata and the prospect...
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