FCC Approves Sale Of Tyco Network To India's Tata Unit
W. David Gardner writes on TechWeb that: Videsh Sanchar Nigam Limited (VSNL) said it gained the final U.S. regulatory approval for the transfer of the Tyco Global Network (TGN) licenses to VSNL. The chief stockholder in VSNL is India's Tata Group, also that country's largest offshore outsourcing company. India's largest provider of international telecommunications and Internet services said Tuesday that the Federal Communications Commission had approved its purchase of Tyco International Ltd.'s global fiber-optic cable network unit.
posted by Fergie @ 5/03/2005 01:02:00 PM
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