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Vodafone Essar Ltd,
a JV of Essar and UK-based
Vodafone Group Plc, is India's
2nd largest GSM telephony provider,
with over 50 million customers.
When Vodafone acquired Hong
Kong based Hutchison Whampoa's
stake in the erstwhile Hutchison-Essar
JV, the company was valued at
USD 18.8 billion. Essar has
33% stake in the JV with Vodafone.
www.vodafone.in
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