March 8th, 2009 3:51 AM 3 COMMENTS

MOBILE STORE EYEING INTO MATRIX CELLULAR SERVICES

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)... Read More

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