Hughes, Airtel to combine India VSAT biz; Hughes to hold majority stake in combined entity

The combination is aimed at driving scale and efficiencies to serve enterprise and government customers in India, and according to sources, Hughes will hold 67 per cent stake in HCIL, the surviving entity, while Airtel will have 33 per cent stake.

from Zee News :Business http://bit.ly/2H5zeSl