Hutchison Telecom to take a decision in next 15 days

Sushubh

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Hutchison Telecom to take a decision in next 15 days
Hong Kong-based Hutchison Telecom International has said that they would take a decision within the next 15 days over the bids for the Hutch mobile service provider in India.
The company owns around 67% in the Indian telecom operator.
Goldman Sachs has received four bids for their [...]

http://sifytechwhack.co/602/hutchison-telecom/
 

Crazysah

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So by like the 20th of January they will have decided?
 

Sushubh

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i have a feeling this would end up in supreme court.
 


Crazysah

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Nah.. I don't think so. I think it will be fair bidding.
 

Sushubh

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i am sure if hutchison goes for a non-essar company and essar has a problem with it, they would straightly go to the courts.
 

Crazysah

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Not if they were rightly outbid for it.
 


Sushubh

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essar claims that they have the first right of refusal. hutchison denies it. good enough reasons to go to courts.
 
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