Home Telenor in talks to acquire Videocon majority stake - report
 

Keywords :   


Telenor in talks to acquire Videocon majority stake - report

2015-05-07 14:22:00| Telecompaper Headlines

(Telecompaper) Telenor, the parent company of Indian operator Uninor, is in talks to acquire a majority stake in Videocon Telecom, The Economic Times reports, citing an unnamed person familiar with the matter. Videocon has an INR 5 billion liability towards the government. "A combination is a win-win for both. Videocon wants to exit the business and Uninor needs to expand in the market to stay relevant", the source said.

Tags: report majority talks acquire

Category:Telecommunications

Latest from this category

All news

»
26.11
26.11 GB2 no.022
26.11HL103L SSS
26.115 20cm
26.11 A
26.11fragmentdesign VCD
26.11SwitchSwitch Sea of Stars
26.11[]
More »