NTT today said that they have decided to sell their entire 26.5 percent in Tata Teleservices.
As per the agreement between NTT, Tata Teleservices and Tata Sons, the deal between the three players signed initially in 2009 was set for financial closure on March 31. Since then, NTT has been deciding on what it needs to do with the future of its investment in India. As per the board of directors meeting, NTT today said that they have decided to sell their entire 26.5 percent in Tata Teleservices.
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