Investment bank GB Corp is the latest stake holder in Indian mobile operator S Tel, acquiring 11% stake from shareholders Bahrain Telecommunications Company (Batelco) and Millenium India Company. S Tel rolled ... Continue_Reading

Decreasing ARPU and hostile market conditions are no deterrent for telecom operators in India. After Uninor rolled out services in 7 circles simultaneously, earlier this year, Batelco owned S Tel ... Continue_Reading

S-Tel To Launch In Q4: Batelco Batelco, the Bahrain based operator which agreed to pay $225 million for 49% stake in S-Tel, a young telco headquartered in Chennai, announced that S-Tel ... Continue_Reading

NRI businessman and investor C Sivasankaran of Sterling Infotech Group is eying S Tel and may acquire 51% stake in the firm, The Economic Times reports. The deal is valued ... Continue_Reading

  Bahrain Telecommunications Co (Batelco), has signed an agreement to acquire 49% stake in Chennai based S Tel for $225 Million. Batelco is listed on the Bahrain Stock Exchange, and has ... Continue_Reading