In India, mega billion dollar mobile buyout frenzy
India has become the next big battle ground for global mobile giants. Vodafone is said to be mulling1 a $15 billion bid for local mobile carrier, Hutch Essar. Not quite "3" of Europe2, but still a big player in the local market. Hutchinson Whampoa, the corporate parent of "3" owns 67% of Hutch Essar, the number four mobile carrier in India.
Source : gigaom.com
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