Tech Mahindra sells Altiostar stake to Rakuten for $45 mn - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Tech Mahindra sells Altiostar stake to Rakuten for $45 mn

India's fifth-largest IT services provider, Tech Mahindra, has sold its entire stake in US-based Altiostar Networks to Rakuten for $45 million, making the Japanese company a majority shareholder in the virtualised radio access network (RAN) technology firm.

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