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Vivendi looking to expand to India with acquisition of Datacom Solutions?

Categories: General
By: , IntoMobile
Tuesday, January 26th, 2010 at 2:34 AM

Vivendi logo

France’s Vivendi, a media company that is also known as a majority owner of French SFR, is reportedly in talks with soon-to-be-launched Indian mobile network operator Datacom Solutions over a possible stake acquisition. According to the Economic Times source, a person close to the matter said: “Officials from Vivendi were in India last week and held two rounds of talks with Datacom team in Delhi… They want a majority stake. Both the sides will meet again in a few weeks to take the discussion forward.” Unsurprisingly, no party has issued a comment on the report.

Datacom holds a license allowing it to roll out mobile services across India, having obtained spectrum in most circles. In addition, the company has also applied for national long-distance (NLD) and international long-distance (ILD) licenses, and hopes to establish a pan-India network.

For the record, this isn’t the first time a foreign player is interested in Datacom. UAE’s Etisalat and Turkey’s Turkcell expressed their interests earlier, but have halted plans as a result of the global economic crisis.

[Via: TeleGeography]

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About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.