Mahanagar Telephone Nigam Ltd. (MTE): Oct 09, 2009 (Datamonitor Financial Deal...

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Re: kmx_swing post# 18

Tuesday, 10/20/2009 1:29:38 PM

Tuesday, October 20, 2009 1:29:38 PM

Oct 09, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- MTE |

Mahanagar Telephone Nigam Limited, an India-based provider of fixed-line and other telecommunication services, has signed a non-disclosure agreement to acquire a 75% stake in Zambia Telecommunications Company Limited, a provider of communication services, from the Government of Zambia.
Zambia Telecommunications is valued at $200 million.

http://www.tradingmarkets.com/.site/news/Stock%20News/2573056/#

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