Tata Teleservices stake sale to DoCoMo and the future of Indian telecom
Tata Teleservices has sold a stake of 26% to Japan's NTT DoCoMo. The deal value is $2.7 bn. Tata Tele has 30 million CDMA subscribers and is rolling out its GSM services. Some say the deal is over-valued and some say its not easy to put…