Wednesday, November 12, 2008

DoCoMo to buy 26 pct of Tata Tele


NTT DoCoMo Inc will buy a stake of about 26 per cent in Tata Teleservices Ltd for 260 billion yen ($2.7 billion), Japanese business daily the 'Nikkei' reported on Wednesday.

A company sources said earlier DoCoMo was set to announce a plan to buy a stake in the India's No.6 wireless carrier later on Wednesday.

Source: The Financial Express

No comments: