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DoCoMo Takes 26 Percent Stake in India’s Tata Teleservices

Nov 12, 2008 12:55 PM

In a major move and a first by a Japanese telco into India, NTT DoCoMo (NYSE: DCM) is taking a 26 percent stake in local telco giant Tata Teleservices, for a price of $2.7 billion. This is surely to spur more rivalry with other local giants like Reliance, Vodafone (NYSE:…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, DoCoMo, Countries, Asia, India, tata teleservices

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