• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

Loading...
See More

Tata raises Neotel stake

Jun 13 2011 15:55 Reuters

Related Articles

Embattled Neotel gets new chief

Neotel revamp in bid to wrest market share

Neotel discontinues consumer contracts

Auditors question Neotel's future

Telkom puts Nigeria sale on hold

Telkom profit slumps 35%

 
New Delhi - Indian telecoms firm Tata Communications said on Monday it has increased its effective holding in South Africa’s second-biggest fixed-line phone operator Neotel to 61.5% from 49%.

Neotel became a subsidiary of Tata Communications after the stake increase, the Indian firm said in a statement to the stock exchanges.

Launched in 2006, Neotel has yet to turn a profit.
tata  |  neotel  |  telecommunications

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
3 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

10 most expensive cars In the world

This is car porn at its best!

 
 

Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...