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Total 19 results found. Search for [ Neotel ]

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New Delhi, October 11, 2016
\"We continue to expand the data centre footprint. We are looking at Malaysia and the Middle East, adding to our cloud footprint in the next six to 12 months,\" said Srinivasan CR, Senior Vice President, Global Product Management & Data Centre Services, Singapore-headquartered Tata Communications.

Nevin John
June 28, 2016
The African telecom dreams seem to have faded from the memories of Indian communication giants. It was Bharti Airtel, after its aggressive 2010 bid ($10.7 billion) to acquire Zain's telecom business in Africa, first started reducing its footprint in the region for improving financial performance. Now Tata Communications' plan to sell Neotel in South Africa also shows the lost charm of the African market.

New Delhi, June 28, 2016
Tata Communications on Tuesday said Liquid Telecom, a privately-owned, pan-Africa telecom group, majority owned by Econet Wireless Global, has entered into an agreement to acquire its subsidiary Neotel for South African Rand 6.55 billion (Rs 2,904 crore).

BT Online
New Delhi, June 28, 2016
Tata Communications owns over 68 per cent stake in South Africa's largest fixed line telephone service provider Neotel.

BT Online
New Delhi, June 28, 2016
The headline indices rallied as the good progress of monsoon rains lifted consumer goods makers such as Hindustan Unilever that depend on the rural economy.

Meghna Mittal
New Delhi, December 30, 2015
\"The low proliferation of smartphones and LTE handsets makes us believe there is still huge headroom for 3G even as the market gets ready for 4G,\" the company CEO Sunil Sood said.

New Delhi, December 11, 2015
Tata Communications has submitted documents for the restructured transaction for selling majority stake in its subsidiary Neotel's fixed line assets to Vodafone's South Africa subsidiary, Vodacom.

New Delhi, December 8, 2015
Neotel, under the revised pact, will offer a roaming arrangement to all the mobile network operators in the country, including Vodacom.

New Delhi, November 24, 2015
Government had asked the Vodafone to deposit Rs 6,678 crore in pursuance to its proposed merger of its four entities - Vodafone East, Vodafone South and Vodafone Cellular and Vodafone Digilink - into it.

New Delhi, November 23, 2015
The deal was signed in May last year, where Vodafone's South African subsidiary Vodacom reached an agreement to buy Neotel, controlled by Tata Communications, for 7 billion rand.

Johannesburg, January 19, 2015
Neotel was established by a Tata-led consortium in 2006 as South Africa's second fixed-line operator to rival government-owned Telkom's monopoly.

New Delhi, July 16, 2014
\"We plan to invest more than $200 million towards doubling capacity in India from 5 lakh square feet to 10 lakh square feet over a period of three years,\" Tata Communications' Growth Ventures CEO Rangu Salgame told PTI while announcing the launch of second data centre in Delhi.

Fakir Hassen
Johannesburg, June 26, 2014
The project is a first-of-its-kind in South Africa and has strict guidelines to deliver sites and service levels in a true public-private partnership, by leveraging the skills, resources and expertise of each party for the provision of broadband services across the Province, the company said.

New Delhi, June 16, 2014
In January-May this year, corporate India announced 230 M&A transactions worth $16.37 billion while in the same period last year there were 216 deals worth $8.71 billion.
June 18, 2014
What made news recently: Flipkart buys Myntra, CAD narrows, GDP below 5 per cent for second year in a row and more.

Mail Today Bureau
New Delhi, May 20, 2014
Tata Communications has sealed an all cash deal to sell a 67.32 per cent stake in its South African telecom subsidiary Neotel for an enterprise value of $ 680 million (Rs 3,957) to Vodacom SA, the South African telecom arm of the Vodafone Group.

New Delhi, May 19, 2014
\"The shareholders of Neotel and Vodacom SA announced today that they have favourably concluded an agreement on the commercial structure and terms to proceed for Vodacom to acquire 100 per cent of the shares of Neotel, valued at an enterprise value of ZAR 7.0 billion (about Rs 3,950 crore),\" Tata Communications said in a statement.

Mumbai, July 27, 2013
Backed by strong rise in revenues and growth in voice business, Tata Communications said it has posted a net profit of Rs 94.52 crore for the first quarter ended June 30, 2013.

Mumbai, May 30, 2011
The consolidated loss for the year includes loss of Rs 551.02 crore for the company's effective holding of 49.01 per cent in the South Africa-based firm Neotel.