Warid Telecom, a wholly-owned subsidiary of the Dhabi Group, offers mobile telecom services with a user base of over 2.9 million in Bangladesh.
Bharti Airtel, India's number one cellular operator on Tuesday received the nod from Bangladesh's telecom regulator to purchase 70 per cent stake in Warid Telecom and to invest $300 million in the company.
The Bharti group, which has just acquired a majority stake in the Bangladeshi mobile operator Warid Telecom, is on the lookout to acquire government-owned telcos in developing markets like Africa which are up for divestment.
Already with a presence in Kenya's telecom sector through a brand called 'Yu', Essar is looking to strengthening its foothold in the rapidly growing African market.
The eight-member SAARC region includes Bangladesh, Bhutan, Maldives, Nepal, Pakistan, India, Sri Lanka and Afghanistan. Gupta also hoped that the 3G auction would take place on time.
Sunil Mittal-owned Bharti Airtel had acquired 70 per cent stake in Warid Telecom of Bangladesh for $300 million (about Rs 1,363 crore) earlier this year.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
Two years ago, the number was 4,000, according to Indian businessmen.
With competitive pressures increasing at home, Bharti is making a third attempt to gain a foothold in the African market.
It claimed the officials were involved in 'espionage, subversion and supporting terrorist activities in Balochistan and Sindh'.
Ahead of the visit of Pakistani Special Investigating Team, likely to take place in the last week of this month, the NIA sent the Letters Rogatory, a legal document sent through the special court asking details about the phone numbers dialled by the four terrorists.
The move comes barely a few days before the Special Investigation Team of Pakistan visits here to ascertain the facts of the case and investigation carried out by the NIA.
National Investigation Agency officials said that Salvinder Singh, his jeweller friend Rajesh Verma and cook Madan Gopal have been summoned for a routine questioning as the agency is preparing to receive a five-member Special Investigation Team from Pakistan on March 27.
India plans to provide the probe team from Pakistan access to all witnesses in the Pathankot terror attack case but not security personnel from the National Security Guard or the Border Security Force.
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