(a) whether it is a fact that France Telecom has shown its
interest in investing in the cellular telephone sector in
India;
(b) if so, whether any agreement has been signed in this regard; and
(c) if so, the details thereof?
(a) whether it is a fact that France Telecom has shown its
interest in investing in the cellular telephone sector in
India;
(b) if so, whether any agreement has been signed in this regard; and
(c) if so, the details thereof?
THE MINISTER OF STATE IN THE MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (SHRIMATI SUMITRA MAHAJAN)
(a) to (c): M/s France Telecom, France was a Joint
Venture partner, holding 26% equity in M/s BPL Mobile
Communications Limited, a company licenced to operate
Cellular Mobile Telephone Service in Mumbai. M/s BPL Mobile
Communications limited has been granted approval to transfer
the equity held by France Telecom to France Mobile
International, a 100% owned subsidiary of France Telecom and
thereafter from France Mobile International to M/s France
Telecom Participations, Belgium SA (now known as Wirefree
Services Belgium, SA).