The government on Thursday approved Aditya Birla Telecom Ltd’s – a subsidiary of Idea Cellular, proposal to bring in foreign direct investment of Rs 2,704. 21 crores from P5 Asia Holding -a Mauritius-based entity. This will take the total FDI in the ABTL to 74 per cent.
Aditya Birla Telecom (ABTL) has a licence to offer mobile services in the Bihar circle.
Reference: Financial Express report
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