Digitone is a subsidiary of Beijing Digital Telecom Company. With the stake sale, Spice Online would get help in gaining experience from the Digitone in the wholesale distribution of electronic devices including mobile phone handsets. The Beijing Digital Telecom Company will acquire the stake for $2.5 Mn from Spice Mobility and will provide a loan for the same amount after the acquisition.

Spice Mobility to sell a 49% stake in its subsidiary, Spice Online, to Digitone

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