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VSNL acquires Tata Power Company's broadband unit, Tata Power Broad Band

News , September 15, 2005

VSNL has acquired Tata Power Company's (TPC) broadband unit, Tata Power Broad Band (TPBB), for Rs 2.39 billion. The acquisition will make TPBB a wholly owned subsidiary of VSNL. TPBB, which was a wholly owned subsidiary of TPC prior to the buy, had invested in creating a 400 km long optic fibre network in Mumbai and Pune. It offers broadband services to telecom companies and bulk users of bandwidth.

 
 

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