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February 26, 1997updated 05 Sep 2016 1:02pm

MOTOROLA AND PARTNERS PLAN TO EXPAND INDIAN VENTURE

By CBR Staff Writer

Motorola Inc, with 10%, ModiCorp with 51% and Distacom Communications Pte Ltd with 39% plan to invest about $280m in their Spice Telecom joint venture over the next four years. Spice Telecom is licensed to operate cellular telephone services in Punjab and Karnataka states.

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