VSNL Acquires Internet Business Of Mumbai Cable Operator

Indiantelevision.com: Videsh Sanchar Nigam Ltd (VSNL), a telecom and internet access provider owned by the Tatas, has acquired the internet acccess services of a local cable operator in Mumbai. It has bought out the internet business of 7 Star. The deal is part of VSNL’s strategy to gain customers on the broadband internet access business where it’s currently lagging behind other telcos like Reliance and Bharti.
The report puts a price tag of Rs 70-80 million which VSNL has paid 7 Star. The cable TV operations are outside the deal. 7 Star runs cable TV services in the western suburbs of Mumbai and offers cable internet through local area network connections.

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