Vodafone Plans To Sell Minority Stake In China Mobile Vodafone planse to sell its 3.2% stake in China Mobile, as it is estimated to be undervalued by 40% due to its array of minority stakes in other companies. The stake sale could raise GBP 4bn.[Guardian] Saudi Telecom To Establish Presence In India Achieved through associations with Saudi Telecom's affiliates in Bahrain (VIVA) and India (Aircel) Saudi Telecom has announced the launch of Points of Presence in India and seven other countries. [India Express] PTI Chairman And Vice-Chairman Elected – Vineet Jain, MP Veerendrakumar Vineet Jain, MD of Times of India group, has been elected as the chairman of the board of directors of the Press Trust of India. MP Veerendrakumar, chairman and managing director of Mathrubhumi Group, was elected vice-chairman. [DNA India] Bharti Airtel Seeks Bids For Tower To Be Set Up In Africa: Report After acquiring African assets of Zain Telecom in February, Bharti Airtel starts the process of giving orders of setting up new telecom towers in countries like Nigeria, Kenya and Tanzania, according to sources. [Business Standard] Also read: Airtel In Africa: Pre-rebranding Focus, CAPEX, Partners, Interconnect, Competition 500 New Base Stations To Be Rolled Out In Naxal-Affected Districts Ministry of Communications has asked BSNL to roll out 500 new base stations across 31 naxal-affected districts in Bihar, Chhattisgarh and Jharkhand. The districts being covered include Dantewada, Dhanbad and Singhbum. [The Hindu Business Line] Also read: Indian Government Asks Telecom Operators To Sharpen Location Awareness; LBS MSIDC Gets A New MD – Mr Amit…
