9 Sep : MTNL & BSNL have issued clarification regarding ‘Reuters’ news items reported on 08.09.09 and 09.09.09, that a Consortium made up of India’s Vavasi Group, regional telecom companies BSNL and MTNL and a Malaysian investor will buy a 46 percent stake in Kuwaiti telecom Zain
The clarification says that no view has been taken regarding participation in the said consortium as reported in REUTERS. “However, MTNL & BSNL are always on the look out to explore all types of overseas business opportunities to expand their operations.”