Profit

Etisalat may pick up 26% stake in RCom for Rs 15,000 cr

PUBLISHED ON: July 19, 2010 | Duration: 2 min, 23 sec

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UAE-based telecom operator Etisalat is close to pick up a 26 per cent stake in RCom for over Rs 15,000 crore. The stake sale would give RCom the much needed cash and Etisalat a stake in the second largest mobile operator in the country.
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