Tuesday, 14 June 2011

Tata ups Neotel stake

Tata ups Neotel stake

Neotel's majority shareholder, Tata Communications, part of $67.4 billion Tata Companies, has purchased the previously held 12.5% stake from Two Telecoms Consortium (2TC). This now makes Tata Communications a 61.5% shareholder in Neotel and Neotel, a subsidiary of Tata Communications Limited."

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