VSNL gets 26 per cent in African SNO (India)
March 15, 2005
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Telecom major Videsh Sanchar Nigam Limited (VSNL) has been awarded a major stake in South African telecom operator SNO. VSNL has been given a 26 per cent share in the new company that will compete alongside the former state-owned company Telkom.
Nexus has a 19 per cent share and state companies Eskom and Transnet, 15 per cent each in SNO.
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