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America Movil ready to enter Indian Telecom market

World’s largest subscribers base American Telecom Company Wovil ready to enter in Indian Telecom market. Recently announcement of Indian Telecom Ministry to allow 100 per cent foreign direct investment in Telecom Industry is attracting few telecom giants to enter India.
American Telecom Company Movil is facing revenue pressure in Latin American Telecom market in this course it is relevant to company to enter Indian Telecom market depending on two factors the new merger and acquisition guidelines and the deal between Vodafone-AT&T.
Leading giant telecom company AT&T has nice per cent stake in America Movil and looking forward to buy Vodafone from India and Africa to concentrate on Europe.

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