Orascom bids to take control of HTIL
ET reports that Egyptian Telecom giant, Orascom Telecom Holdings is in talks with Hutchison Telecommunications International Limited (HTIL) to take control of HTIL. Late last year, Orascom bought 19.3% stake in HTIL, giving it an indirect stake of 10% in Hutchison India and a board reprsesntation as well. This move byContinue Reading