More on Vodafone and Bharti

Posted on | October 29, 2005 |

Here are some more articles on Vodafone’s $1.5 billion investment in Bharti. This has been a second coming for Vodafone in the Indian market. It exited its first venture RPG Cellular, by selling its 20.7% stake to Aircel in ‘03. The reason given was that the venture’s operation was limited in geographic scope as it was a single circle operator.

CEO of the Vodafone Group, Arun Sarin says they are keen to further hike stake in Bharti Tele.

The CEO of SingTel, Lee Hsien Yang, welcomed Vodafone’s entry. “We welcome Vodafone as our partner to further develop the Indian telecom market and to take Bharti to greater success,

Category: General

Comments

Leave a Reply

Name (required)

Email Address(required)

Website

Comments