Batelco ups stake in S-Tel (India)

www.WirelessFederation.com/news: Bahrain Telecommunications Company (Batelco) has reportedly increased its stake in new Indian mobile operator S-Tel from 36.9% to 42.7% following a USD38.8 million investment. According to a report, S-Tel won a legal challenge against the Department of Telecommunications (DoT), with the Delhi High Court ordering the regulator to grant the cellco licences to operate in 16 additional circles. In spite of the victory however, S-Tel has indicated it will likely focus its efforts on rolling out in the north east of the country.

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