Telecom major Videsh Sanchar Nigam Limited (VSNL) has been awarded a major stake in South African telecom operator SNO. VSNL has been given a 26 per cent share in the new company that will compete alongside the former state-owned company Telkom.
Nexus has a 19 per cent share and state companies Eskom and Transnet, 15 per cent each in SNO.
