No decision on Vodafone stake sale-Says Essar
Submitted by Maninder Singh on Wed, 09/01/2010 - 08:07
Essar Group has informed that it has not taken any decision on the option to sell its stake in the joint venture with the British based mobile phone operator, Vodafone. Essar had 33% of stake in this telecom joint venture with Vodafone. However, the company has still time till May 2011 to make the decision on the JV.
Partnership in Africa telecom venture eyed by Essar, Dhabi Group
Submitted by Sadik Al Rumaithi on Mon, 07/20/2009 - 14:37
A well known news agency reported Sunday that India's Essar Group is exploring possibilities of investing in the United Arab Emirates (UAE)-based Dhabi Group's telecom business in Africa.
On Sunday, an agreement was signed by Dhabi Group chairman Sheikh Nahyan Bin Mubarak Al-Nahyan and Essar Group chief executive Prashant Ruia to start discussions in this regard.
