Tuesday, May 22, 2012

Bharti to buy out Qualcomm’s Indian partners in TD-LTE venture

Bharti Airtel, India’s largest cellco by subscribers, is reportedly involved in advanced talks to buy out the 26% stake in Qualcomm’s Indian wireless broadband start-up currently owned by the US technology giant’s Indian partners. According to Reuters, which cites two sources with direct knowledge of the matter, Bharti will pay more than the USD58 million paid by Tulip and Global Holding in 2010 for the stake


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OVETEL Bharti to buy out Qualcomm’s Indian partners in TD-LTE venture

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