Brussels-based telecom operator Proximus Group plans to acquire 58% stake in Indian cloud communication service provider Route Mobile for $721M (Alex Gabriel Simon/Bloomberg)




Alex Gabriel Simon / Bloomberg:

Brussels-based telecom operator Proximus Group plans to acquire 58% stake in Indian cloud communication service provider Route Mobile for $721M  —  – Proximus to make open offer for further 26% stake in Route  — Route founders to reinvest $336 million in Proximus Unit





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