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Saturday, March 2, 2019

Tata Sons not to demerge Tata Tele’s enterprise biz

In a U-turn, Tata Sons has decided to keep the enterprise business of Tata Teleservices separate and not merge it with Tata Communications. The plan is to scale up the business and later evaluate strategic options for the unit. The current thinking is that the enterprise business will be run separately, as a lot of value needs to be created.

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