1. Tata Teleservices Ltd., the phone services arm of India's $22-billion Tata Group, plans to borrow $400 million overseas to extend its network in the world's fastest-growing mobile-phone market.
2. It hired seven banks to arrange the seven-year loan.
3. It will spend 35 billion rupees ($862 million) to develop high-speed services and build base stations, towers and purchase telecommunications equipment.
Globalization may be one of the secrets of exponential revenue growth
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