Archive for June, 2010
MTN Denies Discussions For Stake In Loop Telecom
Wall Street Journal MTN Group Ltd. (MTN.JO), Africa’s largest mobile phone network operator, denied Monday it is in talks to buy a stake in India’s Loop Telecom. Topics: Africa, MTN, phone, India, telecom, Loop Telecom
Russia to Invest in Sistema Shyam
Wall Street Journal Sistema Shyam Teleservices Ltd. expects the Russian government to invest $677 million in the mobile operator to pick up a 20% stake by October, giving the company much-needed funds to expand its operations in the country. Topics: SIFY, Russia, broadband, India, Sistema Shyam, CDMA, telecom
Broadband Wireless Subscribers May Have to Pay More in India
Stock Watch Subscribers will have to pay more for accessing faster broadband on their mobile while the government made a handsome profit of Rs 38,000 crore selling broadband wireless access. Topics: BSNL, India, broadband, telecom, wireless
Is WiMAX 802.16m Doomed?
FierceWireless Is WiMAX, or at least the next generation of WiMAX, doomed? The technology experienced a big blow following the completion of India’s broadband wireless access (BWA) auction, which raked in $8.22 billion. ISP Infotel, now owned by Indian industrial conglomerate Reliance Industries and the lone winner of a nationwide license, announced its intentions to [...]
Heard on the Street: Static on The India-China Line
Wall Street Journal Trade tensions, national security concerns and fears of creeping protectionism—themes that often crop up in China’s relations with the U.S.— are ever more a part of China’s dealings with India. The current tussle between the two countries revolves around telecommunications equipment. A recent softening of India’s stance on imports of goods in [...]
India’s Reliance Telecom ‘In Talks For Stake Sale’
AFP India mobile giant Reliance Communications is in talks to sell up to 26 percent of the company, a source said Monday amid new speculation about a deal with US telecom group AT&T (AT&T has since denied rumors that it is in talks with Reliance). Reliance Communications, the country’s second biggest mobile phone firm, is [...]
India Broadband Spectrum Bids Reach $2.6 Billion on 14th Day
BusinessWeek India’s government got bids totaling 122.6 billion rupees ($2.6 billion) on the 14th day of an auction for licenses to offer faster wireless broadband connections nationwide, according to a statement on the Department of Telecommunications website. Eleven companies, including Qualcomm Inc., the world’s biggest maker of mobile-phone chips, and Vodafone Group Plc, the largest [...]
