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Quess Corp to acquire 70% equity in Vedang Cellular Services

26 Oct 2017 Evaluate

Quess Corp has signed definitive agreements to acquire 70% equity in Vedang Cellular Services with an investment of up to Rs 40 crore.

Vedang Cellular Services was incorporated on April 5, 2010. Over the last 2 years, Vedang has been working with major Telecom OEM’s providing Telecom Network Optimization, Active Components Installation and Managed Services in India.

Quess Corp is one of India’s leading integrated business services providers focused on emerging as the preferred partner for handling end-to-end business functions of its clients.

Peers
Company Name CMP
SIS 403.50
Quess Corp 334.60
TeamLease Services 1124.60
Bluspring Enterprise 172.70
BLS Internatl. Serv. 227.25
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