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Article: AT&T to offload its stake in Idea.(Financial News)(Idea Cellular)(Brief Article)
- Article from:
- India Telecom
- Article date:
- March 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)
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AT&T Wireless is in discussions with international private equity investors to offload its 33 percent stake, worth over $166 million, in Idea Cellular. AT&T had recently offloaded its stake in BPL Cellular. Cingular, which recently bought out the company, is not interested in acquiring AT&T's Indian operations.
Idea's revenue is over $288 million. The company recently ...
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