BSNL eyes 10-15% stake in ETK (India, Kenya)

www.WirelessFederation.com/news: BSNL, the state owned telco, according to a local media report has shown interest in acquiring a 10%-15% stake in Kenyan mobile operator Essar Telecommunications Kenya (ETK), which provides services under the ‘Yu’ brand. A BSNL official reportedly confirmed that talks are on between the two companies, ‘Valuations are being discussed. We are doing the due diligence.’