Providence

Providence buys into big Idea

Private equity group Providence Equity Partners said Thursday that is has invested $640m in a subsidiary of Indian mobile operator Idea Cellular. The investment is on Aditya Birla Telecom Limited (ABTL) and will get providence a 16 per cent stake in Indus Towers, a joint venture formed by Vodafone Essar, Bharti Airtel and Idea to […]

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