DILLIGENCE IS

(AFX UK Focus) 2009-11-26 09:04 Indian telcos not serious about Zain consortium-min

NEW DELHI, Nov 26 (Reuters) - Indian state telecoms Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd are not seriously considering to join a consortium that is seeking a stake in Kuwait’s Zain, Junior Telecoms Minister Gurudas Kamath told parliament on Thursday. “No Sir,” he said in a written reply to a lawmaker’s question whether the companies were seriously considering joining the … (News Source: Interactive Investor - 09:27:49)

(AFX UK Focus) 2009-11-26 09:18 REFILE-Indian telcos not serious about Zain consortium-min

NEW DELHI, Nov 26 (Reuters) - Indian state telecoms Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd are not seriously considering to join a consortium that is seeking a stake in Kuwait’s Zain, Junior Telecoms Minister Gurudas Kamat told parliament on Thursday. “No Sir,” he said in a written reply to a lawmaker’s question whether the companies were seriously considering joining the … (News Source: Interactive Investor - 09:26:59)

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