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Moneycontrol.com >> Message Board >> View Messages >> Unitech
   You are here :     Moneycontrol     MMB    Stocks      Unitech                         Most active discussions of 2006 , 2007 & 2008
Started Comm Biz (1)   24-Jul-08 21:23Tracked by (0)  
Posted by:   rvk41 on ( 24-Jul-08 21:23 )
Price : BSE: Rs 167.15 ( -1.24 % ), NSE: Rs. 167.10 ( -1.15 % )
Unitech Wirless, the telecom arm of realty major Unitech has started receiving bids from global telecom equipments maker for equity partnership in the company, reports Business Standard.

Unitech Wirless is likely to sell 26% stake, which is likely to be finalized in a month. The deal may value the company at around USD 3 billion.

The company has already received bids from the at least two equipments major. Besides this other companies like, Huawei, ZTE, Alcatel - Lucent, Ericsson and Nokia have expressed interest in supplying equipments to Unitech

For information,with regards
rvk41

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