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TOKYO (Reuters) - Japan's Nippon Telegraph and Telephone Corp (NTT) <9432.T> said it will spend 4.25 trillion yen ($40 billion) to take its wireless carrier business private, in a deal that opens the path to lower prices as the government calls for cuts.
It has defaulted on Rs 700-cr payment to Tata Sons for buyback of Tata Tele shares from DoCoMo
As Tata and DoCoMo look for out-of-court settlement, here's a blow-by-blow account of the long legal tussle
The arbitration award in favour of DoCoMo, is the fallout of a two-year old scuffle between the two companies regarding their unsuccessful joint venture Tata Teleservices
Tatas losing Rs 2 crore a day as it deposits $1.17 bn with Delhi HC
Tata Sons to sell a stake in its wireless unit
Japanese telecom major moves Delhi High Court to enforce international arbitration ruling against Tata Sons