Vodafone wins race for India's Hutch Essar: source
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Britain's Vodafone Group  has  won the auction for a controlling stake in Hutchison Essar with  an offer that gives India's fourth biggest mobile operator an  enterprise value of just under $19 billion, a source close to  the auction said on Sunday.
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Vodafone buys a controlling stake in Indian mobile phone firm Hutchison Essar for $11bn (Â£5.6bn).
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The deal for Hutchinson Essar, one of Indiaâs fastest growing telecommunications companies, values the company at around $19 billion.
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Britain's Vodafone Group Plc   has won the battle for a controlling stake in Hutchison  Essar with a bid that values India's fourth-biggest mobile firm  at around $19 billion, including debt.
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BARCELONA/HONG KONG  - Vodafone shares climbed in early Monday trading after it beat rival suitors with an $11.1 billion bid for a controlling stake in Hutchison Essar, India's fourth-biggest mobile phone firm.
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LONDON -- Vodafone Group PLC, the world's largest mobile phone network operator, said Monday it agreed with Internet search leader Google Inc. to develop maps for mobile telephones.
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The mobile telephone company,  Vodafone, begins to use its brand name across India.
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BusinessWeek Online - Since taking over as chief executive of the British Vodafone Group  in 2003, Arun Sarin has tried to refocus the giant mobile wireless operator toward emerging markets, where industry revenues are expected to grow at annualized rates of about 12% vs. just one-third of that pace in handset-saturated Europe. That's why over the past couple of years, the India-born Sarin has done deals in Turkey, South Africa, and Romania.
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Global telecommunications giant Vodafone on Thursday said it would retain its 45 percent stake in US company Verizon Wireless, rejecting proposals from an activist shareholder group.
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British mobile phone group Vodafone announced Tuesday that it slashed net losses last year as its growth strategy in emerging markets such as India and Turkey began to pay off.
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Vodafone chief Arun Sarin enjoyed a triumphant homecoming after wrapping up the 11.1-billion-dollar purchase of India's fourth-biggest mobile operator Hutchison Essar.
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Shares in Vodafone Group Plc, the world&#39;s largest mobile-phone operator, dropped after The Wall Street Journal said the company is considering bidding with US partner Verizon Communications Inc.
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British mobile services operator Vodafone Group will acquire a majority stake in Hutchison Essar, winning aÂ heated bid for controlÂ of the Indian mobile services operator.
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InfoWorld - British mobile services company Vodafone Group has reserved the right to terminate its agreement with Hutchison Telecommunications International Ltd. (HTIL), if a &quot;prohibition&quot; comes in the way of the closure of its&#160;$11.1 billion acquisition&#160;of a controlling stake in Hutchison Essar, an Indian mobile services company.
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Vodafone  shares  climbed on Monday after the British mobile phone giant beat  rival suitors with an $11.1 billion bid for a controlling stake  in Hutchison Essar, India's fourth-biggest cellphone firm.
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Vodafone, the UK-based telecom company that co-owns Verizon Wireless, denies that it is involved in a bid to take over US telco Sprint.
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British mobile phone giant Vodafone said it has agreed to buy an 11-billion-dollar controlling interest in India's Hutchison Essar, a spokesman for the company said.