Idea Cellular silent on stake sale
September 22, 2010
Idea Cellular has declined to confirm or deny reports that it was in talks with two companies to sell up to 26 percent stake, saying it is "continuously evaluating different proposals". In a regulatory filing, the operator noted, "The company continuously evaluates various proposals from time to time. As and when a definitive proposal is considered and approved by the company's board, we shall forthwith comply with our disclosure obligations under the listing agreement." According to reports, the company is in talks with two firms including the United Arab Emirates-based, Emirates Telecommunications Corp.
Share:
- Most Viewed
- Most Rated
- Most Shared
- Related Articles
- Change Management: Key movements in 2010
- Rajeev Agrawal is BSNL's new CGM, Andhr...
- airtel appoints Vikas Singh as CEO of it...
- Uninor’s Rohit Chandra resigns
- A.K. Garg joins BSNL as Director (HR)
- Airtel Uganda appoints Somasekhar Vellap...
- Ericsson appoints Bina Chaurasia as seni...
- Ericsson appoints new India region head
- Sanjeev Aga, MD, Idea Cellular to step d...
- Neotel appoints Sunil Joshi as MD & CEO
No Most Rated articles exists!!
