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 With major players like Mukesh Ambani-owned Infotel Broadband, Aircel and Qualcomm putting their weight behind TD-LTE, WiMAX may lose out in the race to make broadband-starved India a power to reckon with. Continue reading 'LTE may score over WiMAX in broadband race'»
Comments Off Telecommunications minister A. Raja has a reputation to uphold. After allegedly handing out favours to private telecom companies for second-generation (2G) spectrum, perhaps he’s now trying to continue his streak by doling out concessions to public telcos too. Continue reading 'Spectrum on the cheap'»
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 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'»
Comments Off Bids for one set of nationwide third-generation (3G) mobile spectrum licences in India reached Rs 15,814 crore ($3.5 billion) on the 31st day of an auction, an indication the government could earn revenue of about Rs 63,900 crore from the auction. Continue reading 'Bids for one all-India 3G licence hit $3.5 bn'»
Comments Off Government revenues from the 3G auction have crossed the Rs 62,000 crore-mark and the auctions may continue till Monday. However, there is a clear shift in demand and the question really at this point of time over the last the three four days was, given the fact that prices seem to be going out of all expectations and projections, is it likely that some bidding operators would restrict their presence to only a few circles—a handful 8-10 top 12 circles out of the total country? Continue reading 'Govt revenues from all-India 3G license cross Rs 62000cr'»
Comments Off Tata Communications, a leading provider of a new world of communications, today announced that India-based NDTV Convergence Ltd has chosen its LiveBroadcast service, a high-quality, flash-based streaming service, to broadcast three national channels in India—two news and one business—over the Internet to a global audience. Continue reading 'NDTV Chooses Tata Communications’ Content Delivery Network Service for Live Streaming of Channels'»
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