0
Wireless

FIH's Wonderful Stars unit invests nearly USD 100 mln in Rising Stars Mobile India

Tuesday 3 December 2019 | 08:48 CET | News
FIH Mobile, part of Foxconn and a manufacturer of Android smartphones, has announced that on 4 December, Wonderful Stars, an indirect subsidiary of FIH Mobile incorporated in Singapore, will make a capital injection in Rising Stars Mobile India, a subsidiary of Wonderful Stars incorporated in India in an aggregate amount of USD 99.99 million (approximately INR 7.14 billion) for various purposes including business expansion and additional working capital.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: FIH Mobile / Foxconn
Countries: India / Singapore
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

FIH Mobile sees 9-mth sales up slightly, losses shrink

Published 31 Oct 2019 13:25 CET | World
FIH Mobile said it expects to report a smaller net loss and slightly higher revenues for the first nine months of 2019. While ...

FIH Mobile reduces losses in H1 as sales down nearly 3%

Published 09 Aug 2019 14:42 CET | World
FIH Mobile reported revenues of USD 6.389 billion for the first half, down 2.65 percent from a year earlier due to the general ...

FIH Mobile sees smaller H1 loss on lower revenues

Published 18 Jul 2019 14:13 CET | World
FIH Mobile announced that it expects to report a smaller loss on slightly lower revenues for the first half of 2019. The contract ...

FIH Mobile sees widening loss for H1, but better operating profit

Published 03 May 2019 12:13 CET | World
FIH Mobile, part of Foxconn and a manufacturer of Android smartphones, said it expects a bigger net loss for the first half ...





Calendar   /   Industry Events

26 Jan Cisco Live
27 Jan Sprint fiscal Q3
27 Jan Juniper Networks Q4 2019
27 Jan F5 Networks fiscal Q1
28 Jan Calix Q4 2019
28 Jan AudioCodes Q4 2019
28 Jan Airtel Africa fiscal Q3
28 Jan Dtac Q4 2019
28 Jan CEM in Telecoms Global Summit
29 Jan Telia Q4 2019
29 Jan AT&T Q4 2019
29 Jan Mellanox Q4 2019
29 Jan Limelight Networks Q4 2019
29 Jan Cirrus Logic fiscal Q3
29 Jan Telenor Q4 2019
29 Jan Facebook Q4 2019
29 Jan Extreme Networks fiscal Q2
29 Jan Qorvo fiscal Q3
29 Jan Microsoft fiscal Q2
29 Jan KPN Q4 2019
29 Jan Elisa Q4 results
29 Jan European 5G Conference
30 Jan BT fiscal Q3
30 Jan NTT Docomo fiscal Q3
30 Jan Verizon Q4 2019
30 Jan Samsung Electronics Q4 2019
30 Jan Amazon Q4 2019
30 Jan The Things Conference
30 Jan FCC meeting
31 Jan Charter Q4 2019
::: More Calendar Items