HCL Info buys 20% stake in Nokia distributor

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IT hardware services firm HCL Infosystems today said it will pick up a 20 per cent stake in Dubai-based Techmart Telecom Distribution, the distributor for Nokia smartphones in the Middle East and Africa region.

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HCL also has an option to acquire up to a 51 per cent equity stake in the company

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Abhishek Dua

@abhishekdua

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Created Sunday, 02 January 2011 12:10
Last Updated Tuesday, 30 November -0001 00:00
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