Earlier I reported that Maxis Telecom promoted by Malaysian billionaire Anand Krishnan had bought a majority stake in Aircel. Maxis having entered India through Tamilnadu now wants to consolidate further in Karnataka and Punjab by buying out B.K.Modis out of Spice Telecom. Modis hold 51% stake in Spice.
Maxis is also the largest Telecom player in Malaysia and with further consolidation in India it might well be leading in the Asian corridor dream of Telcos.
Convergence.In Broadband.Out
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