Perhaps as added to the weakness. But if you read the FZO announcement:
"We understand from discussions with Aircel and our advisors that Aircel, its major lenders and potential
acquirers are in discussions. We are not currently in a position to predict the outcome or impact of these
discussions. "
Then read articles regarding the Indian Telco Space:
http://www.firstpost.com/business/a...way-forward-for-telecom-industry-4376761.html
You would hope for it to be sorted sooner or later...earlier price targets wouldn't have included India
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Perhaps as added to the weakness. But if you read the FZO...
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