The Foreign Hand Apart from STT, TMI, SingTel and Hutch, no global telco has a presence in India. They are interested.
Business Today, June, 2005 by Sahad P.V. and Supriya Shrinate
If the buzz in India's telecom industry is any indication, and if investment bankers are to be believed, the telecom sector in the country is set to enter a period that will see global private equity majors and multinational telcos striving to establish a presence, the first by acquiring stakes in Indian telcos, and the second by either acquiring Indian telcos whole or in part, or starting operations afresh. The names being thrown around include Vodafone, Deutsche Telekom, NTT DoCoMo, afk Sistema of Russia, Alpha Telecom of the uk, Egypt's Orascom, and China Telecom. Nor are the private equity firms being spoken of any less celebrated. Carlyle is one. Goldman Sachs- its reps were in India in April scouting for a deal-is another. "I have been meeting a number of international...
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