NTT DoCoMo buys 26% into Tata Tele for $2.7 billion

NTT DoCoMo will pay $2.7 billion for a 26 per cent stake in Indian Telecom Tata Teleservices, giving Japan’s top mobile operator a foothold in the world’s fastest-growing major mobile market. DoCoMo’s deal with Tata Teleservices follows a $350 million investment in Bangladesh’s No.3 cellphone carrier, as it speeds up its expansion beyond a mature…