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 1899.95
Vodafone Idea 11.54
Indus Towers 379.20
Tata Communications 1681.00
Railtel Corp. India 237.35
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