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                    [Title] => MVP assumes active role in First Pacific, sells subsidiary
                    [Summary] => In its first major transaction under chief executive Manuel V. Pangilinan who has taken a more active role in management recently, Hong Kong-based First Pacific Co. (FPC) has sold its 49-percent stake in Escotel, currently the seventh largest mobile telecommunications operator in India, for $15 million (HK$119.9 million), to Idea Cellular, one of India’s major telcos. 


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IDEA CELLULAR

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                    [Title] => MVP assumes active role in First Pacific, sells subsidiary
                    [Summary] => In its first major transaction under chief executive Manuel V. Pangilinan who has taken a more active role in management recently, Hong Kong-based First Pacific Co. (FPC) has sold its 49-percent stake in Escotel, currently the seventh largest mobile telecommunications operator in India, for $15 million (HK$119.9 million), to Idea Cellular, one of India’s major telcos. 


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abtest

MVP assumes active role in First Pacific, sells subsidiary

January 22, 2004 - 12:00am

In its first major transaction under chief executive Manuel V. Pangilinan who has taken a more active role in management recently, Hong Kong-based First Pacific Co. (FPC) has sold its 49-percent stake in Escotel,...

Business