Tata Teleservices
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India’s giant industrial group Tata is to invest nearly US$250 million in telecoms equipment company Tejas Networks.
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Bharti Airtel, Vodafone Idea and Tata Teleservices have paid some of the $14 billion they owe the Indian government in fees, but not all.
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India’s mobile operators have told the government they will make a part-payment of the $14 billion today that they owe in dues.
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Tata Teleservices has received the approval of the Department of Telecom (DoT) for its merger of its consumer mobile business with Bharti Airtel.