Technology Industry
Industry: Email Alert RSS FeedTata Group in discussion to acquire Sri Lankan Suntel
Telecommunications Mergers & Acquisitions, January, 2007 by Anonymous
The Tata Group is in discussions to acquire Sri Lankan telecom operator Suntel. Recently, VSNL Global, Tata's international arm, won ISP and ILD licenses in Sri Lanka. The company thereby intends to modify its business model in Sri Lanka from present inbound voice services to outbound voice and data traffic. VSNL already has a 51 percent stake in South Africa's Neotel and 26 percent stake in its compatriot InfraCo. Suntel's acquisition, if successful, will be the third overseas operation for VSNL.
Along with the Tatas, Bharti Airtel and Reliance Communications are also concentrating on Sri Lanka's telecom sector to win GSM licenses. However, they will have to compete with Malaysian Maxis Communications and Singapore Telecommunications to win the bid. Additionally,...
CXO UnpluggedSmart Business interviews on BNET
See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
