India: VSNL Buys Into Broadband
Nicole Willing writes on Light Reading:
Having completed the integration of Teleglobe International Holdings Ltd., Indian powerhouse Videsh Sanchar Nigam Ltd. (VSNL) is back on the acquisition trail, this time to beef up its domestic broadband operations.More here.
On Monday, VSNL announced it has bought Direct Internet Ltd. (DIL) and its Primus India subsidiary for 750 million rupees (US$16.7 million), and now the carrier has reportedly picked up the Internet business of 7 Star, a cable operator based in Mumbai.
posted by Fergie @ 5/12/2006 07:42:00 AM
0 Comments:
Post a Comment
<< Home