Patil to discuss telecom controversy

In the wake of the controversy over the tapping of the phone of Samajwadi Party leader Amar Singh, Home Minister Shivraj Patil is likely to call a meeting of CEOs of all public and private telecom companies.
The meeting is expected to work out a plan for plugging loopholes in telecom companies that could lead to [...]

Maxis paying premium for Aircel?

Being a late entrant into regional investments for which the opportunities are diminishing, Maxis is paying a high premium, Malaysian newspaper The Star said quoting analysts.
Based on pre-money equity acquisition price of $800 million and Aircel’s 2.23 million subscribers, Maxis is valuing Aircel at $359 per subscriber.
“This is 31 per cent higher than the 274 [...]