Category: Corporate

Restructuring of BSNL: DoT to form spl committee

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By admin, July 8, 2010 1:02 pm

The Full Telecom Commission Meeting called today by the Department of Telecommunications (DoT) has decided to set up a special committee to consider the recommendations of the Pitroda Committee with regards to the restructuring of BSNL, said a source with the knowledge of the developments. Continue reading 'Restructuring of BSNL: DoT to form spl committee'»

MTN denies rumours it seeks a stake in India’s Loop Telecom

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By admin, June 29, 2010 10:32 am

MTN, Africa’s largest cellphone network operator, was in talks to buy a substantial stake in India’s Loop Telecom in its bid to enter the world’s fastest-growing wireless market, it was reported yesterday. Continue reading 'MTN denies rumours it seeks a stake in India’s Loop Telecom'»

French giant Vivendi seen leading race for 26% stake in RCOM

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By admin, June 23, 2010 10:08 am

French media and telecom giant Vivendi is negotiating with Reliance Communications (RCOM) to buy a 26% stake in the firm, as the Anil Ambani-led company seeks to bring down the level of debt. The two companies have been talking for a month and “discussions are now at an advanced stage”, said a person with direct knowledge of the negotiations. Continue reading 'French giant Vivendi seen leading race for 26% stake in RCOM'»

Reliance Industries’ Risk Rises on Telecom Unit, Says Moody’s

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By admin, June 23, 2010 10:07 am

Reliance Industries Ltd., India’s most valuable company, has increased its risk by buying a broadband provider in a move that carries “negative credit” implications, Moody’s Investors Service said. Continue reading 'Reliance Industries’ Risk Rises on Telecom Unit, Says Moody’s'»

Tata Teleservices’ GSM Network Fuels Its Rapid Growth in India

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By admin, June 19, 2010 12:56 am

Tata Teleservices Ltd. is recording rapid growth amid the cut-throat competition in India’s telecom sector and expects to reach 100 million subscribers this year. Continue reading 'Tata Teleservices’ GSM Network Fuels Its Rapid Growth in India'»

Alcatel may shift services hub to India

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By admin, June 19, 2010 12:54 am

European telecom gear maker Alcatel Lucent may set up its global services headquarters in India, chief executive Ben Verwaayen said on Friday. The telecom gear maker will invest over $500 million here over three years, if it decides to shift its services HQ. Continue reading 'Alcatel may shift services hub to India'»

India’s two Reliance giants could go head-to-head in wireless

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By admin, June 19, 2010 12:50 am

India’s auction of 2.3GHz BWA spectrum, concluded last week, is already proving more disruptive for the market’s status quo than the larger 3G sale. While the 3G licenses mainly went to major cellcos, the broadband wireless licenses are held by several players which could help change the telecoms landscape. Continue reading 'India’s two Reliance giants could go head-to-head in wireless'»

RIL may invest $5 bn in telecom

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By admin, June 14, 2010 6:22 am

Mukesh Ambani-led Reliance Industries is likely to invest $5 billion (approximately Rs 23,375 crore) in about two years from now, as it completes its telecom rollout for broadband access across India, the company spokesman said. Continue reading 'RIL may invest $5 bn in telecom'»

Qualcomm’s $1 Billion India Bet

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By admin, June 14, 2010 6:03 am

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'»

Veraz Networks and Dialogic Announce Definitive Agreement to Merge

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By admin, June 1, 2010 1:45 pm

Dialogic Corporation, a pioneer in enabling interactive mobile video services and applications and Veraz Networks, a leading provider of bandwidth optimization and next generation switching products, today announced that they have entered into a definitive agreement to merge. Continue reading 'Veraz Networks and Dialogic Announce Definitive Agreement to Merge'»

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