| Pantaloon, Axiom float JV for mobile biz |
| BS Reporter / Mumbai July 20, 2007 |
| Future Group today announced that its flagship company, Pantaloon Retail (I), has signed a 50:50 joint venture agreement with UAE-based Axiom Telecom LLC. Axiom is the leading retailer, authorised distributor and after-sales support provider of mobile phones, phone accessories, wireless gadgets, memory & storage devices in the Middle East. The new company will focus on developing backend sourcing infrastructure for the Pantaloon Retail |
