Telecom Info --
Major deals in Indian Telecom Market in 2008
Indian Telecom market in 2008 was one of the most dynamic across the globe. New licenses issued by DOT enmarked a new era in Indian telecom. Indian market has become one of the fastest growing market in the world today. The unmatched growth in per month subscriber number forced big global telecom names to think about their entry into this market. As a result we saw big names entering Indian telecom space.
Telecom Deals |
Description |
Stake (%) |
Deal Price |
Tata Tele & NTT DoCoMo |
Japanese telecom operator bought stake in Tata Tele and will extend the same in TTML also. |
26 |
$ 2.70 Billion |
Unitech Wireless & Telenor |
One of the largest operators entered Indian market by a stake buy in Unitech. |
60 |
$ 1.23 Billion |
Swan Telecom & Etisalat |
UAE telecom operator was one of the first to enter Indian Market by buying stake in new Indian company having licensees in 15 circles. |
45 |
$ 900 Million |
Idea Cellular & Spice |
Idea acquired Spice Telecom extending its coverage to Punjab & Karnataka. |
40.8 |
2,720 Crore |
Idea Cellular & Telekom Malaysia |
Idea further offered Telekom Malaysia stake in the acquisition. |
20 |
7,294 Crore |
S-Tel & Batelco |
Bahrain Telecom company buys stake in S-Tel Chennai based company which has operational licensees in 6 circles. |
49 |
$ 225 Million |
(Source : The information has been taken from various press releases for the purpose of knowledge sharing only.)
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