Sunday 28 April 2024
 
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Vavasi

India's BSNL yet to decide on Zain deal

India's Bharat Sanchar Nigam Ltd (BSNL) is still considering whether to join a consortium that is buying a 46 percent a stake in Kuwait's Zain, the chairman of the state-run telecom said on Thursday. "It is a huge deal. So we have to see w

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India's BSNL yet to decide on Zain deal

India's Bharat Sanchar Nigam Ltd (BSNL) is still considering whether to join a consortium that is buying a 46 percent a stake in Kuwait's Zain, the chairman of the state-run telecom said on Tuesday. Vavasi Group, a little-known Indian firm

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Zain deal: More questions than answers

Even 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

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