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© 2017 AFPTata settles $1 bil dispute with NTT Docomo
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© 2017 AFP
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Chop Chop
Under the terms of the tie-up, if Docomo pulled out Tata agreed to find a buyer for the Japanese firm’s stake, or buy back the investment itself at half the price.
It's one of the many lessons from doing business in India. I have had dealing with Indians businessmen in past but they always wanted upper hand and tricky.
mrtinjp
This is just another example where the Japanese firms fail to compete when the market is not guaranteed and faced with real competition. Also Tata-Docomo tie-up was not the first to offer 3G data services in India.
@Chop Chop, And which businessmen do not want a upper hand in any deal?
LFRAgain
No, this is an obvious example of a company expecting a partner to honor their commitments. Nice try with the Japan bashing though.