Market

India mobile market gets new mega merger

May 18, 2018
India mobile market gets new mega merger

Two of India’s biggest telecoms companies are joining forces to create the world’s biggest network of mobile towers outside China. Airtel and Vodafone (VOD) have agreed to create a new entity worth $14.6 billion by combining two infrastructure firms they control, the companies said in a statement. Indus Towers will operate a network of 163,000 […]

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Indian telecom merger to create one of world’s biggest tower firms

May 18, 2018
Indian telecom merger to create one of world’s biggest tower firms

India’s Bharti Infratel has agreed to merge with Indus Towers, in a deal that creates the world’s second-biggest telecom tower company with an estimated equity value of $14.6 billion. Seeking to capitalise on rapid growth in smartphone usage in the country, the transaction, which values Indus Towers at about $10bn, will create an infrastructure giant […]

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DoT approves merger of Bharti Airtel and Telenor India

May 18, 2018
DoT approves merger of Bharti Airtel and Telenor India

The Department of Telecom (DoT) today approved the merger of Telenor India with Bharti Airtel, according to an official source. “The DoT has approved merger of Telenor India with Bharti Airtel this morning,” the official source told PTI. The Supreme Court last week rej ected DoT’s petition for security deposit of around Rs 1,700 crore […]

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India’s mobile phone customer base rises 4.9 mln in Feb

May 18, 2018
India’s mobile phone customer base rises 4.9 mln in Feb

India’s mobile phone customer base rose 0.43 percent, or a net 4.9 million, to 1.16 billion in February, data released by the country’s telecoms regulator showed on Tuesday. Following is a table of mobile phone subscriptions in India, the world’s second-biggest wireless market by number of users, as of Feb. 28. Active mobile subscribers in […]

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ITU Celebrates World Telecommunication Day

May 18, 2018
ITU Celebrates World Telecommunication Day

World Telecommunication and Information Society Day (WTISD) is an official United Nations day of observance. It is held annually on 17 May to promote the potential of the Internet and other information and communication technologies (ICTs) to improve societies and economies worldwide. The day also marks the anniversary of the signing of the first International […]

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India Networking Market showed a 5.2% YoY Growth in Q4 2017

May 18, 2018
India Networking Market showed a 5.2% YoY Growth in Q4 2017

India networking market which include Ethernet switch, Routers and WLAN segments witnessed a 5.2% YoY growth in Q42017 with increased investments across the enterprise and service provider deployments. According to IDC’s latest Asia/Pacific Quarterly Ethernet Switch Tracker, the Q4 2017 Ethernet Switch market in India stood at USD 118.7 million (By vendor revenue) with a […]

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Telecom regulator wants India to be among top 50 nations in ICT Index

February 6, 2018
Telecom regulator wants India to be among top 50 nations in ICT Index

The telecom regulator’s formula to propel India to be among the top 50 nations in the global ICT Index would require massive coordination between various government departments if it has to become a reality. The country would need an investment of $100 billion by 2022 to achieve this target at a time when almost all […]

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Telecom sector can attract $100 billion investment under NTP 2018

February 6, 2018
Telecom sector can attract $100 billion investment under NTP 2018

The telecom sector should be able to address global requirements and attract investments of about USD 100 billion by 2022 under the new policy in works, as per suggestions made by sector regulator Trai. The regulator recommended that under the new policy framework, the telecom sector should be able to generate 20 lakh jobs, achieve […]

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Telecom sector leads M&A activity in India with six deals

February 6, 2018
Telecom sector leads M&A activity in India with six deals

Corporate India’s deal tally, including M&As as well as private equity, amounted to USD 60.5 billion driven by big ticket consolidation and the outlook for remains bullish for this year, says a report. According to assurance, tax and advisory firm Grant Thornton, there were 1,147 deals (M&A and PE) worth USD 60.54 billion last year. […]

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