Vodafone bags Hutch for $19 billion
Category: Vodafone | 1 Comment | Posted on February 11, 2007
Vodafone has acquired Hutch for an estimated enterprise value of over US $19 billion (Rs 85,000 crores). Vodafone is the world’s largest mobile phone group by revenue and Hutch is India’s fourth largest mobile operator.
CNN-IBN reports that Vodaphone has offered Essar to become a partner firm. Essar welcomed the offer and said it is indeed “good price
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September 20th, 2007 @ 11:09 pm
[...] bile operator, Vodafone, has started using its brand across India from today. Vodafone had acquired Hutch for nearly $11 billion in February this year. Vodafone [...]