Profit

Carlos Slim, others eye stake in Datacom

PUBLISHED ON: August 25, 2008 | Duration: 1 min, 42 sec

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Venugopal Dhoot controlled domestic mobile service provider Datacom which recently won a pan India license may get the world's second richest man Carlos Slim's telecom's company America Movil for a strategic stake purchase. Sources close to the development said that if talks between America Movil, part of a business conglomerate led by Mexican billionaire Carlos Slim and Datacom succeed then this will be Slim's first investment in India.
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