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Vavasi Telecom

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Bharti inks $10.7 bn Zain deal

The country's largest telecom service provider - Bharti Airtel - on Tuesday inked a definitive agreement with Kuwait's telecom firm, Zain, to acquire its African assets at an enterprise value of......

Zain has accepted Bharti offer for African assets

The Zain Telecom board met in Kuwait today and is said to have unanimously accepted a $10.7-11 billion (around Rs 51,000 crore) offer from Bharti Airtel to buy its African assets, according to......

BSNL puts Zain plans on hold

The state-run telecom major BSNL has put on hold its proposed plan to acquire a stake in the Kuwaiti telecom major Zain, said its CMD Kuldeep Goyal on Wednesday. BSNL and MTNL had been approached......

Vavasi to approach BSNL for due diligence of Zain

Vavasi group, a New Delhi firm with diverisifed interests, on Wednesday said it would approach government-owned BSNL and MTNL to join in doing due diligence of Kuwait's Zain Telecom. Vavasi's......

BSNL, Vavasi talks for Zain buy fall through

State-owned Bharat Sanchar Nigam Ltd (BSNL) is likely to exit the consortium comprising Delhi-based Vavasi Group and Malaysia's Al-Bukhary to acquire 46 per cent in Kuwait's Zain Telecom. Talks,......

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