NTT Docomo to Sell its Stake in Tata Teleservices, to exit from Indian Telecom Market
As per the official release NTT docomo will be selling its company's entire stake in Tata Teleservices Limited (TTSL), as soon as the conditions for such exercise are met under the agreement, Docomo holds the right to require that its TTSL shares be acquired for 50% of the acquisition price, which amounts to 72.5 billion Indian rupees or a fair market price, whichever is higher, in the event that TTSL fails... Read More