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Gtl

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Leaning towers of GTL Infrastructure

It is a tale of two deals: One completed and the other, announced and later aborted. Monday's mysterious crash of the GTL Group shares could have its origin in the deals, said analysts. Exactly......

France Telecom close to buying GTL arm

France Telecom is close to buying the IT business of communication infrastructure provider GTL in the next few days for about $70 million, intended to enter the fast growing Indian telecom......

GTL, Singapore's Redington call off merger plan

Indian telecom equipment maker GTL Ltd and the Singapore-based Redington Group said on Thursday that they would not proceed with their proposed merger.GTL had said in February that it would acquire......

GTL to buy back FCCBs, shelves acquisitions

Telecom infrastructure major GTL Infrastructure will use its Rs 2,200 crore (Rs 22 billion) cash reserves to buy back foreign currency convertible bonds. GTL Infrastructure had come out with a $300......

Redington merges with GTL in cash, stock deal

The merger of GTL, formerly Global Tele-Systems, with the Redington Group, a Singapore-based infotech firm, will lead to a significant change in the shareholding pattern of the company.After the......

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