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Tata Tele to invest Rs 25 bn for telecom biz growth
Tuesday, August 8 2006 20:02 Hrs (IST) - World Time -

New Delhi: Tata Teleservices today said it would invest Rs 25 billion in 2006-07 for expansion of both fixed and CDMA-based mobile telecom services, a top Tata Sons official said today.

The company is also against further dilution of stake in favour foreign companies, Tata Sons Director (Finance) Ishaat Hussain told reporters on the sidelines of the launch of Tata SKY DTH services.

PTI









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