Friday 21 August 2015

Google and Amazon in race to buy Tata's data centre

Google Inc and Amazon are in talks with the Tata Group to buy the data centre business of Tata Communications, says report.
Report says that the deal is expected to fetch about Rs 4,261.4 crore to Rs 4,589.2 crore ($650-700 million).
If the deal is successful, it will help Tata Communications reduce debt burden and concentrate on its core data carrier business. 

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