NTT DoCoMo is expected to buy 25% stake in Tata Teleservices , and size of the deal is expected to touch $1.5bn (valuating TTSL @ $6bn) –
Tata Teleservices is a loss-making company and its cumulative losses stood at Rs 5,604 crore between 2005-07 – via BS
The Indian Telecom Industry is seeing lot of action with every operator/company trying to increase the pie by closely working with other entities in ecosystem.
For instance : Airtel’s Rs. 200 crores Innovation fund, OnMobile’s developer network
Related: Telenor eyes Unitech arm
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