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India's BSNL puts Zain acquisition on holdIndian state-run telecoms firm Bharat Sanchar Nigam Ltd (BSNL) has put on hold its plan to acquire a stake in Kuwaiti mobile telephone operator Zain, BSNL chairman Kuldeep Goyal said on Wednesday. Shares in Zain, the largest listed company More… |
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Indian telcos not serious about Zain bidIndian state telecoms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) are not seriously considering to join a consortium that is seeking a stake in Kuwait's Zain, Junior Telecoms Minister Gurudas Kamath told parliament More… |
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Indian firms 'doing due diligence for Zain'India's Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) are undertaking due diligence to buy a stake in Zain, the Indian ambassador to Kuwait said in remarks published on Saturday. Last week, the two state-run firms sa More… |
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Indian telecos yet to decide on Zain dealIndian telecoms Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam (MTNL) said on Wednesday they had not decided on whether to join a consortium that is buying a 46 per cent stake in Kuwaiti telecom Zain. The state-run firms More… |
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Zain deal: More questions than answersEven after a news conference gave out names of the buyers planning to purchase a 46 percent stake in Kuwaiti telecom Zain, questions still surround the $13.7 billion deal. Any large acquisition comes with uncertainties, but rarely does a d More… |
