`

Feedback

Reader's Poll

Which of the following technologies/concepts are likely to witness significant traction this year?
 
Any data to show

Teledata

Tele Data

Mobile Subscribers Yearwise comparision

Telekom Malaysia (TM) has bought a 49 per cent stake in Spice Communications

April 15, 2006
E-mail Print PDF

Telekom Malaysia (TM) has bought a 49 per cent stake in Spice Communications for $178.9 million. According to company officials, it does not plan to take its stake beyond 49 per cent. The Malaysian entity will help Spice in restructuring $215 million of its existing debt. Along with its partner, Mcorp, TM plans to grow Spice into a market leader in the geographies it operates in, and eventually attain a pan-Indian presence. TM has a global mobile subscriber base of over 20 million.

 
 
  • Most Viewed
  • Most Rated
  • Most Shared
  • Related Articles
 Your cart is empty

Monday morning

Monday morning