Prabhat Telecoms (India) has signed Memorandum of Understanding (MoU) with Nischint technologies DMCC, where the company agreed and acquired 16% stake, this will enable the company to jointly pursue design and development and marketing of customized devices for educational purpose and customized devices with solutions to corporate business house.
The company is looking at launching its solution and services in India and overseas, with this acquisition the company shall strengthen its business arm for providing customize device management solution and devices.
Prabhat Telecoms (India) is a part of Prabhat group of companies engaged in design, assemble, and customize import and distribution of mobile handsets, wireless dongles/data-cards, data products and mobile/telecom accessories.
Company Name | CMP |
---|---|
ITI | 277.25 |
Tejas Networks | 1120.45 |
Quadrant Televenture | 2.08 |
Black Box | 223.40 |
Avantel | 108.00 |
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