MTNL’s overseas interests

Business Standard reports that Mahanagar Telephone Nigam Ltd’s is eyeing a minority stake in a Chinese telecom company. The company holds a 26.8% stake in United Telecom Ltd — a joint venture among VSNL (26.6%), Telecommunications Consultants India Ltd (26.6%) and Nepal Venture Private (20%). United Telecom provides basic telephony services using the wireless technology [...]

Subex mulls more buyouts

Subex Systems is a provider of revenue maximisation software for telcos, which include fraud management and revenue assurance systems. It is looking at more acquisitions to become a comprehensive player in the telecom revenue maximisation segment. For this the company is looking at various fund raising options including FCCBs and private equity routes. The inorganic [...]