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Telecom buys stake in Spice Telecom

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  • Published On: March 10, 2006
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Global players are rushing in for a piece of the action in India's telecom mergers and acquisitions market. The latest player to buy into the great India telecom story is Telekom Malaysia, which acquired a stake in Spice Telecom on Friday. After missing an earlier chance to buy Idea cellular, the Malaysian major took no chances this time around.
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