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Etisalat may merge with Allianz Infra in IndiaIndia's Telecom ministry is likely to allow Etisalat DB Telecom to merge with Allianz Infratech, making it the first acquisition among new telecom operators who were given licences in 2008. The current rules prohibit sale of promoter&# More… |
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Etisalat to boost stake in Indian unitUAE telecom services operator Etisalat has announced plans to boost stake in its Indian subsidiary Etisalat DB from 44.73 per cent to 50 per cent plus one share. The announcement comes a day after the Emirati telecom giant posted record 20 More… |
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Etisalat, Reliance in $2.2bn India tower dealEtisalat DB Telecom, a joint venture between Etisalat and Mumbai-based Dynamix Balwas Group, has signed a Rs10,000 crore ($2.2 billion) telecom tower sharing agreement with Reliance Communications. Under the terms of the 10-year agreement, More… |
