@FIPB
Etisalat Holds Majority Stake in Indian JV
by CXOtoday Staff    Dec 22, 2009
Category : News & Analysis
Emirates Telecommunications (Etisalat) has acquired a majority stake in its Indian venture -- Etisalat DB Telecom -- by buying a 5.27% stake from Chennai-based Genex Exim Ventures for about Rs 380 crore. The company is currently awaiting...
Pacnet to Expand Telecom Operations in India
by Muntazir Abbas    Mar 24, 2009
Category : News & Analysis
Technology : Infrastructure
Following approval from the Foreign Investment Promotion Board (FIPB), telecom service provider Pacnet has increased its stake from 55 percent to 74 percent in its joint venture Pacific Internet India. According to Bill Barney, CEO, Pacnet,...
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