Tata DoCoMo JV set to end as Japanese partner heads for exit door

Apr 26 2014, 13:52 IST
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NTT DoCoMo, Japan's top operator of mobile phone services, invested 266.7 billion yen in Tata Teleservices in 2009. (Reuters) NTT DoCoMo, Japan's top operator of mobile phone services, invested 266.7 billion yen in Tata Teleservices in 2009. (Reuters)
SummaryNTT DoCoMo wants to sell 26.5 pct stake in Tata Teleservices it had bought for $61 bn in 2009-2011.

on its initial success and has lost market share in the past two years.

It currently ranks seventh in terms of subscriber numbers among the 12 firms that operate in India.

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