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India - Deutsche Telekom to hold 17% stake in Devas Multimedia.
Deutsche Telekom will hold a 17 percent stake in Indian start-up Devas Multimedia for about INR 3.17 billion, writes the Economic Times. Deutsche is routing its investment in US venture capital-backed Devas through its wholly-owned Asian arm. The deal values the firm at INR 18.65 billion. Bangalore-based Devas is a satellite-based multimedia services company with plans to deliver content via a hybrid satellite-terrestrial network to mobile devices. It works in the area of software development and research & development for multimedia content creation and transmitting content using …
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- DEUTSCHE TELEKOM TO BUY 17% IN DEVAS FOR $75 MILLION (Devas Multimedia would...
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Magazine article from: India Business Insight
August 12, 2008
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- DEUTSCHE TELEKOM REVIEWING SITUATION ON DEVAS (the company had acquired a...
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Magazine article from: India Business Insight
February 11, 2011
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- Deutsche Telekom reviewing situation on Devas.
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News wire article from: Business Line
February 11, 2011
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- 'Deutsche Telekom owns 17% of Indian operator Devas'.
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News wire article from: Europe Intelligence Wire
August 24, 2009
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- India - Deutsche Telekom owns 17% of Indian operator Devas.
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Magazine article from: Telecompaper Africa/Asia
August 24, 2009
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