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Qtel may bid for Indian mobile
- Qatar: Thursday, February 08 - 2007 at 07:41
Qatar Telecom and India's Hinduja Group may jointly bid as much as $16bn for a 67% stake in Indian mobile operator Hutchinson Essar, according to a report in the Economic Times cited by AFP. The stake is owned Hong Kong-based Hutchison Whampoa. Other bidders include the UK's Vodafone and the local Reliance Communications. Hutchinson Essar is India's fourth largest mobile operator.
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James McInerney, News EditorThursday, February 08 - 2007 at 07:41 UAE local time (GMT+4)
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This article was updated on Wed Mar 14 2007.
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