MoneyWorks4Me

Thomas Cook’s arm concludes acquisition of 70% stake in Vedang Cellular Services

14 Nov 2017 Evaluate

Thomas Cook India’s subsidiary - Quess Corp has completed the acquisition of 70% equity in Vedang Cellular Services on November 10, 2017.

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.

Thomas Cook (India) (TCIL) is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.



Peers
Company Name CMP
Thomas Cook (India) 104.05
IRCTC 461.25
TBO Tek 1688.20
Le Travenues Techno 159.30
Yatra Online 105.30
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