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Tech Mahindra to acquire Lightbridge for USD 240 mln

2014-11-20 13:43:00| Telecompaper Headlines

(Telecompaper) Indian IT company Tech Mahindra has agreed to acquire global provider of wireless and wireline network services Lightbridge Communications (LCC) for an enterprise value of around USD 240 million, subject to regulatory approvals. The transaction is scheduled for completion by the fourth quarter of Tech Mahindra's 2015 FY.

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Category:Telecommunications

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