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Belgian teleco Proximus to buy Indian cloud provider for $721 million. Why?

The Brussels-based company will buy about 58% stake in Route Mobile at 1,626.40 rupees ($19.8) a share through its unit Proximus Opal.

A flag with the logo of Proximus is seen at the headquarters of the Belgian telecoms operator in Brussels,(REUTERS)
Published on Jul 17, 2023 04:25 PM IST
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