Hutchison Telecom International LtdĀ said on Wednesday it has entered into a three-year non-compete agreement with UK Mobile phone giant Vodafone as part of the $11.08 billion deal.
HTIL board of directors, in a letter to shareholders, said the company has entered into a three year agreement with Vodafone, pursuant to which the Hong-Kong-based firm would not carry on any business in competition to Hutch-Essar in the country.
HTIL cannot enter any business in India, establishment of telecom services or related infrastructure facilities or equipment, it said.
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