Reliance might bid for Hutch in India

Sushubh

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Reliance might bid for Hutch in India
Incoming report states that Indian telecom giant Reliance is considering a joint bid with private equity firm Blackstone to acquire a stake in Hutch.
They might try to buyout Hutchison Telecommunications International’s 67% stake in the Hutchison Essar Ltd.
Hutch is the third largest mobile service provider in the region and [...]

http://sifytechwhack.co/578/rel...hutch-in-india/
 

leomax

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I was wondering,few weeks back i saw a news like '3' got LOI from DOT or likes..
 

ogtripleog

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the day that happens im giving up my hutch connection :p
 


max

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It might actually be good for Hutch users. They might bring down the prices! But then again they might increase the prices! :(
 

Sushubh

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this would just give reliance an awesome way to become the third largest gsm player in the country... :)they already are the largest cdma player i think...they would perhaps become the biggest player in the market!!! awesome deal. not for me though.
 


smartbuddy_82

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Dont want Hutch to become Reliance, in other words dont want to give up my Hutch connection which I am using for past 5 years....
 

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