Brussels-based telecom operator Proximus Group plans to acquire 58% stake in Indian cloud communication service provider Route Mobile for $721M (Alex Gabriel Simon/Bloomberg)

https://ift.tt/oAKpZV0

Alex Gabriel Simon / Bloomberg:
Brussels-based telecom operator Proximus Group plans to acquire 58% stake in Indian cloud communication service provider Route Mobile for $721M  —  - Proximus to make open offer for further 26% stake in Route  — Route founders to reinvest $336 million in Proximus Unit

from Techmeme https://ift.tt/nRdaQLC