India’s mobile market eyed by Vivendi France

www.WirelessFederation.com/news: Vivendi France may take over 51% of the India’s Datacom Solutions. Two rounds of talk have taken place between the officials of Vivendi and Datacom team and both the sides will meet again in a few weeks to take the discussion forward.

Owned by Videocon group, Datacom solutions has also attempted to sell a stake to Etisalat or Turkcell foundered during the credit crunch. Rumors were also there that America Movil or France Telecom could be interested in acquiring a stake in the company.

Datacom already has radio spectrum covering 21 of India’s 22 circles and have the advantage of its parent’s vast distribution network for selling phones and SIM cards, despite the late launch. Earlier, it was said that the firm is planning a US$2.8 billion GSM tender, but nothing seems to have happened since that was announced.