India's Tata Sons Ltd said on Thursday it had completed the sale of a 26 percent stake in India's No. 6 mobile telecom operator, Tata Teleservices Ltd, to Japan's NTT DoCoMo (9437.T).
The two firms had announced the $2.7 billion deal in November last year.
NTT DoCoMo is now preparing to buy 12 percent in the Indian firm's listed unit, Tata Teleservices (Maharashtra) Ltd (TTML.BO), through an open offer, it said in a statement.
Source:Reuters