Kavveri Telecom Product, a leading wireless subsystem manufacturer, has dropped its plan in connection with merger of Kavveri Telecom Infrastructure with itself. The board had earlier at its meeting held on September 05, 2012 approved the resolution for the same.
The company is re-working on the proposal of merger having discussion with the merchant bankers for issuance of fairness certificate.
Kavveri Telecom Products is currently a leading manufacturer of RF Products and Antennas in India. The company has a major market control in RF products and antennas. The company’s customers include all the leading operators and OEMS including Ericsson, Alcatel Lucent, Nokia Siemens Networks, RCom, Airtel, Vodafone, Idea, Aircel, BSNL to name a few.
Company Name | CMP |
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ITI | 304.40 |
Tejas Networks | 1203.30 |
Quadrant Televenture | 2.00 |
Black Box | 239.55 |
Avantel | 116.55 |
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