|
|
Article: Could the sale of AT & T Wireless affect Idea Cellular?(Broadband)(Brief Article)
- Article from:
- India Telecom
- Article date:
- January 1, 2004
CopyrightCOPYRIGHT 2004 Information Gatekeepers, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
According to the international media, AT & T Wireless has plans of selling out and seems to be looking around for a buyer. This could have an impact on its international operations. The company has a 33 percent stake, worth over $165 million, in Idea Cellular. The other shareholders of the company are AIG (2 percent stake), the Tatas and Birlas. Idea Cellular recently announced its plans of going public. Some analysts believe that AT & T Wireless' exit from the company is unlikely to have an immediate effect. There is some speculation on whether the Tatas or ...