Etisalat may compete with Mexican billionaire Carlos Slim and Russia’s Altimo for a US$1 billion stake in India’s Tata Teleservices, according to press reports in the UAE.
Mohammad Omran says Etisalat is talking to several Indian players.
“We have already mentioned we are evaluating several opportunities in India,” Etisalat chairman Mohammad Omran told Reuters. According to media reports in the UAE, Etisalat is well-placed to win the stake in Tata Teleservices, while it has not been stated specifically why that is thought to be the case.