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Bahrain's Batelco sells India venture after telecom scandal - Reuters 08-02-12 02:40 PM Bahrain's Batelco sells India venture after telecom scandal Reuters India By Matt Smith DUBAI - Bahrain Telecommunications Co (Batelco) has agreed to sell its 43 percent stake in Indian affiliate S Tel for $175 million, in the first foreign exit since India scrapped 122 telecoms licences last week as part of a corruption ... Bahrain's Batelco studying SC ruling, mulls legal optionBusiness Standard Batelco to Sell STel Stake to India's Sky City FoundationWall Street Journal (blog) all 2 news articles » source... |
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