Turkey-based telecom player Turkcell, a European telecom company and Mexico-based Carlos Slim Helu’s America Movil, are in the race to acquire up to 51 per cent stake in Videocon’s telecom munications arm, Datacom Solutions.

Turkey-based telecom player Turkcell, a European telecom company and Mexico-based Carlos Slim Helu’s America Movil, are in the race to acquire up to 51 per cent stake in Videocon’s telecommunications arm, Datacom Solutions. Datacom’s valuation has been pegged at around $3 billion by industry analysts.