Tata Communications Liquid Telecom, a privately-owned, pan-Africa telecom group, majority owned by Econet Wireless Global, has entered into an agreement to acquire its subsidiary Neotel. Liquid Telecom is partnering with Royal Bafokeng Holdings, a South African empowerment investment group, which has committed to take a 30% equity stake in Neotel.

Tata Com to sell Neotel for Rs 2,904 Cr

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