Bloomberg News

Tata Communications Increases Stake in South Africa’s Neotel

June 14, 2011

June 14 (Bloomberg) -- Tata Communications Ltd. increased its stake in South African fixed-line operator Neotel Ltd. to 61.5 percent by buying a 12.5 percent held by Two Telecoms Consortium.

The value of the transaction wasn’t disclosed in an e- mailed statement from Tata Communications today.

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


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