When Japan's NTT DoCoMo decided to invest in Tata TeleservicesBSE 2.69 % in 2008, the Indian telecom company seemed ready to start afresh, determined to put behind it the disappointment of its failed CDMA technology business. Like its only other big competitor Reliance CommunicationsBSE -0.10 %, Tata Teleservices had applied and secured a GSM telecom licence. The airwaves were allotted to the company in an auction in November 2008 and the deal was finally struck....
Telecom Business seems to go nowhere
Telecom Business seems to go nowhere