The Essar group-owned The Mobile Store (TMS), is in talks to buy international calling card company Matrix Cellular Services (MCS), as it looks to spread its wings into a new and fast-growing business area to boost revenues .
The acquisition of Matrix,which provides country specific mobile SIM and data cards to international travellers and is a market leader in the calling card space, could enable the Mumbai-based Ruia gruop (Essar) owned TMS to use its 1,290+store network to enter an altogether new business segment.
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TJ July 14, 2009 at 3:09 am
If they end up buying Matrix first thing they should take care of is the way their customer service is organised
Rudra.D March 13, 2009 at 7:37 pm
@ above , i dont find ur comment is helpful with d context of the post!
newy Virgin-Essar is the owner of TMS !
Ajith March 9, 2009 at 1:24 am
In next few moths its going to brign huge war between operators,as someone said only the best can survive and it will be none other than virgin mobile