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PRESS: Vodafone In Talks To Buy Indian Rival Tata Teleservices - Times

Sat, 04th Jan 2014 10:02

LONDON (Alliance News) - Vodafone PLC is in talks to become India's largest mobile phone company, with almost 250 million customers, through the acquisition of Tata Teleservices, a smaller rival, The Times reported Saturday.

Tata Teleservices is India's seventh-largest network, the newspaper said, and is jointly owned by the Tata conglomerate, owners of Jaguar Land Rover and Corus Steel in the UK, and NTT DoCoMo of Japan.

http://www.thetimes.co.uk/tto/business/industries/telecoms/article3965353.ece

By Tom Waite; thomaslwaite@alliancenews.com; @thomaslwaite

Copyright 2014 Alliance News Limited. All Rights Reserved.

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