AT&T is making good on its intentions to get into the Indian wireless market, announcing that its Indian unit has applied for wireless licenses in that country as part of a majority stake in a partnership with India's Mahindra Telecom Group. AT&T said it applied for licenses in 22 of 23 zones in India. AT&T reportedly owns 74 percent of the partnership.
AT&T revealed recently that it is looking to acquire companies abroad to offer telecom services around the world to consumers and business users. AT&T particularly has its sights on India, where operators are reporting leading growth--about 6 million new subscribers a month. Vodafone has already gotten its hands on an $11.1 billion stake in India's Hutchison Essar.
For more about AT&T's plans for India:
- read this article from Wireless Week