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With the Reliance Communications – MTN deal struggling to take shape, Tata Comm. (formerly VSNL) is all set to get a majority stake in another South African telecom service provider Neotel.
 

Neotel (Pty) Ltd., previously SNO Telecommunications, is the much anticipated second national operator (SNO) for fixed line telecommunication services in South Africa.
 
Tata Communications has [...]

Tata Communications (formerly VSNL), has signed an equity joint venture agreement with the shareholders of China Enterprise Communications (CEC) Ltd. This will enable Tata Comm. to acquire 50-per cent stake in the Beijing-based company.

Reliance Globalcom, the international arm of Reliance Communications, is planning to launch a global backbone to enable international inter-bank transfer on mobile platforms across 110 countries reports Business Standard.
 
Idea also announced a similar move last month by joining hands with Tata Communications and Etisalatof UAE. Their pilot will be tested only in the 1 country. Reliance on the other [...]