MoneyWorks4Me

Tata Communications raises stake in Neotel

14 Jun 2011 Evaluate

Telecom firm Tata Communications had increased its effective holding in South Africa's second-biggest fixed-line phone operator Neotel to 61.5% from 49%. Neotel has become a subsidiary of Tata Communications after the stake increase. Launched in 2006, Neotel has yet to turn a profitcrackcrack

Peers
Company Name CMP
Bharti Airtel 1771.80
Vodafone Idea 13.47
Indus Towers 360.65
Tata Communications 1653.80
Railtel Corp. India 255.90
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