Feeds

Vodafone weighs up Indian acquisition

To buy or not to buy?

Choosing a cloud hosting partner with confidence

The Vodafone board is to consider launching a $13bn bid for Hutchison Essar, India's fourth largest mobile operator, at a meeting next week, the Financial Times reports.

With growth in Europe waning, a greater investment in developing markets makes sense. And India is developing rapidly. October saw 6.7 million new subscibers sign up, bringing the total to 136 million country-wide.

Vodafone already has a 10 per cent stake in Indian operator Bharti Airtel, but would certainly be required to sell that if its purchase went ahead. Foreign ownership rules would also limit Vodafone from owning more than 74 per cent of the company, so it'll need to find a local partner for the remaining share.

Any such bid would almost certainly be contested by Reliance, the second biggest operator, who has said it is monitoring developments while it considers making a formal bid. There may also be other contenders.

Should the Vodafone board decide against making such an offer, it could signal a strategy shift as India is a market no communications company can afford to ignore. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Sea-Me-We 5 construction starts
New sub cable to go live 2016
EE coughs to BROKEN data usage metrics BLUNDER that short-changes customers
Carrier apologises for 'inflated' measurements cockup
Comcast: Help, help, FCC. Netflix and pals are EXTORTIONISTS
The others guys are being mean so therefore ... monopoly all good, yeah?
Surprise: if you work from home you need the Internet
Buffer-rage sends Aussies out to experience road rage
EE buys 58 Phones 4u stores for £2.5m after picking over carcass
Operator says it will safeguard 359 jobs, plans lick of paint
MOST iPhone strokers SPURN iOS 8: iOS 7 'un-updatening' in 5...4...
Guess they don't like our battery-draining update?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.