|
|
Article: DoT Clears Air over AT&T Stake in Birla and BPL Ventures.(Birla-AT&T,)(BPL Cellular)
- Article from:
- India Telecom
- Article date:
- December 15, 2000
CopyrightCOPYRIGHT 2000 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)
|
The Department of Telecommunications (DoT) has decided not to pose regulatory hurdles regarding AT&T's equity stakes in Birla-AT&T and BPL Cellular, the two cellular service providers in the Maharashtra circle.
AT&T has a 49 percent stake in the venture with the Birlas, and has recently taken over US-based Media One, which has 40 percent stake in BPL Cellular.
According to telecom guidelines, foreign players until now could hold up to a 49 percent stake in a cellular service provider. ...