Comments Off The telecom services industry posted 2.5% yearly revenue growth to Rs 1,59,510 crore in 2009-10 due to intense domestic tariff war, says a survey by telecom industry journal, Voice & Data. The previous year’s earnings were Rs 1,55,683 crore. Continue reading 'Telecom services sector growth plummets to 2.5% in ’09-10'»
Comments Off The BSNL executives’ union has termed the recommendations of Telecom Regulatory Authority of India (Trai) on 2G spectrum and licensing framework “arbitrary, discriminatory and irrational.” Continue reading 'BSNL union says Trai suggestions will cause co heavy losses'»
Comments Off Anil Ambani group today announced a Rs 50,000-cr deal to merge its telecom tower business with GTL infrastructure, a move that would help RCom cut down its debts by more than half. Continue reading 'India’s Reliance Comm, GTL in Rs 50,000 Cr telecom tower deal'»
Comments Off Even as telecom companies are gearing up to use their networks for large-scale roll out of mobile commerce (m-commerce), the Finance Ministry wants telecom operators to offer these services only by tying up with banks. Continue reading 'Telcos have to tie up with banks for m-commerce'»
Comments Off Reliance Communications Ltd (RCom), the country’s second largest mobile telephony company by subscribers, will likely get Rs16,000-18,000 crore in cash following the merger of its telecom tower assets with that of GTL Infrastructure Ltd, according to analysts who have interacted with the company. Continue reading 'RCom may get Rs18,000 cr in cash from GTL deal'»
Comments Off Saudi Telecom Company, the Arab world’s largest telecom company by market value, may buy 10% to 15%stake in a newly created GTL-Reliance Infratel tower unit, the Business Standard reported on Tuesday. Continue reading 'Saudi Telecom may buy stake in GTL-Reliance Infratel'»
Comments Off India’s second largest mobile operator, Reliance Communications, said on Sunday that it has entered into an agreement to sell its cellular towers business to GTL Infrastructure, a large Indian company specialized in providing shared tower and other infrastructure services to mobile operators. Continue reading 'India’s Reliance sells off cellular towers'»
Comments Off The government may have earned a whopping Rs 38000 crore by selling broadband wireless access, but it seems like subscribers will have to pay heavily to access faster broadband on their mobile phones. Continue reading 'Broadband wireless: Subscribers may have to pay more'»
Comments Off Bharat Sanchar Nigam Ltd., which is already reeling under severe financial crisis, is being forced to pay hiked spectrum charges, while private mobile companies have been given temporary exemption. Continue reading 'BSNL forced to pay more spectrum charges'»
Comments Off In the list of winners in India’s auction for broadband wireless spectrum, one stands out: Qualcomm Inc. of San Diego. The chipset maker won one spectrum in the 2.3 gigahertz band encompassing Delhi, Mumbai, Haryana and Kerala — four areas where India’s infrastructure development and telecom and Internet usage are high. For that, it paid $1.05 billion. Continue reading 'Qualcomm’s $1 Billion India Bet'»
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