Tata Sons has been ordered to pay USD 1.2 billion to NTT DoCoMo Inc for buying DoCoMo’s stake in a joint venture.

The Japanese telecoms group, in 2009,  acquired a 26.5 percent stake in Tata Teleservices Limited for around 127.4 billion rupees.

It announced in April 2014, to exit the venture that struggled to grow subscribers as quickly as its peers.

According to DoCoMo, it held the right to request that Tata find a buyer for its stake at 50 percent of the original price or at fair market value which ever was higher.

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