The Economic Times has reported that Vodafone Group will transfer its 5.6% stake in Bharti Airtel back to a Bharti Group company for USD1.6 billion by November 2008. The newspaper also reveals that Vodafone will invest USD1 billion in India in 2007, nearly 20% of its global expenditure. Earlier this year Vodafone took a controlling […]
Vodafone to Offload Bharti Stake Read More »
Korean electronic giants Samsung and LG are cashing in on Indian consumers’ shifting preference to enhanced television viewing experience, cornering over 65 per cent of the liquid crystal display (LCD) market. According to the latest ORG survey for January-March quarter of 2006-07, Samsung tops the market share with 36 per cent, followed by LG with
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Brazil’s national development bank BNDES has approved a BRL1.5 billion (USD772 million) loan for the country’s largest mobile operator Vivo, writes BNamericas. The loan will be used to allow the cellco to complete its GSM overlay project, as well as for other general network improvements. Vivo, a joint venture between Spain’s Telefónica and Portugal Telecom
Vivo secures USD772m loan from the BNDES for GSM overlay Read More »