Reliance Communications Gains on Report of Stake Sale
BusinessWeek Reliance Communications Ltd. rose the most in 10 days in Mumbai trading after the Financial Times reported Emirates Telecommunications Corp. is nearing an accord to buy 26 percent of India’s second-largest wireless company. Topics: Etisalat, telecom, Reliance Communications, India, telecoms
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 [...]
Bharti Airtel, Ericsson to Expand Coverage in Rural India
IT News Africa Bharti Airtel and Ericsson have continued their strategic partnership with a USD 1.3 billion network expansion contract that will see the deployment of a converged network to expand coverage in rural India. The extended agreement enables Bharti’s users to have access to enhanced voice quality and faster data access. Topics: telecoms, 3G, [...]
Telenor Says It Will COver Half Of India By End Of Year
TMC.Net Unitech Wireless, the Indian subsidiary of Norwegian telecoms group Telenor ASA (OSL: TEL), aims to cover about a half of the Indian market by the end of 2010, Sigve Brekke, head of Telenor’s operations in Asia, was quoted as saying yesterday in an interview for an international media. Topics: Unitech, telecoms, telecom, wireless, Africa, [...]
Ufone Nominated for Best Brand of 2009
TMC.Net Telecom sector announced its nomination for Telecoms World Awards Middle East as the Best Brand of the Year 2009. It is pertinent to mention here that Ufone is the only Pakistani Telecom company to be amongst the finalists for these awards from nominations of over 30 operators from the Middle East. Topics: Ufone, telecoms, [...]
India Federal Agency Searches Telecom Department Offices
Wall Street Journal India’s federal investigating agency said Thursday it is carrying out searches at the offices of the Department of Telecommunications, or DoT, after registering corruption cases Wednesday against “unknown” DoT officials and “unknown private persons/companies and others.” Topics: telecoms, licensing, telecom, wireless, India, telecommunications
Evolving Landscape of the Indonesian Telecoms Market
TMC.Net Indonesia’s wireless communications market has made significant progress over the last five years. By the end of 2008 there were over 150 million mobile devices active in the market and industry revenues grew to nearly US$80 billion. Indonesia is also one of the most competitive markets in the region with 11 mobile operators, which [...]
MTN Ends Talks With Bharti On U.S. $24 Billion Deal
TMC.Net TALKS to create the world’s third- biggest cellphone group through a $24bn tie-up between MTN and India’s Bharti Airtel collapsed yesterday after the Indian telecoms group said the South African government did not accept the deal as it stood. Topics: Airtel, phone, government, India, cellphone, Bharti, telecom, telecoms, MTN, VoIP
Legalities Could Delay MTN-Bharti Deal
TMC.Net MTN and Bharti Airtel could, once again, extend the self-imposed deadline that expires tomorrow to create the world’s third-largest telecoms giant as political temperatures rise with both SA and India scrambling to protect national interests . Topics: telecom, India, MTN, telecoms, Bharti, countries
Zain Restarts Talks on Africa Unit Sale
Zawya Kuwaiti telecoms firm Zain is in talks with three international telecom operators, including one from India for the sale of its African operations, according to its chief executive officer. Topics: telecommunications, India, telecoms, New York, Africa, Bharti, phone, telecom
RCOM, Etisalat Ink Rs 10k CR Deal
Times of India Reliance Communications and Etisalat DB Telecom on Wednesday announced a 10-year passive infrastructure agreement worth Rs 10,000 crore ($2.2 billion) claiming that it was the largest deal of its kind in the telecom sector. Topics: India, telecoms, telecommunications, telecom
Telenor India Arm Looking to Raise $2.1 bln
Reuters Indian mobile firm Unitech Wireless, in which Norway’s Telenor (TEL.OL) is taking about 67 percent stake, is preparing to raise up to 100 billion rupees ($2.1 billion) via debt and other options to fund its network expansion, the Economic Times reported on Wednesday. Topics: telecom, Unitech, India, wireless, telecoms, Russia, telecommunications
Alcatel Sees Telecoms Equipment Market Down 8-12%
Reuters Alcatel-Lucent (ALUA.PA) still expects the global telecoms equipment market to fall 8-12 percent in 2009 at constant currency exchange rates, the chief executive of Alcatel-Lucent France said on Thursday. Topics: telecom, wireless, telecoms, Alcatel-Lucent, telecommunications, merger, India, VoIP
India Defence Agrees to Release Spectrum
Reuters India’s defence ministry has agreed to release 45 MHz of wireless radio spectrum, the Business Standard reported on Monday, a move that will help fast-growing mobile telecoms firms reeling under shortage of radio waves. Topics: 3G, India, ISP, wireless, telecom, telecommunications, telecoms
