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The valuations for Hutch Essar have been highly unreasonable. Here is a list of developments. Maxis backed by Texas pacific Group bid at $13.5 Billion Relicance Communications Ltd backed by several financial institutions and VCs bids at $12 Billion for 100% stake. Subsequently raises the bid to $15- $17 Billion RumorsContinue Reading

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As you all know that India is the fastest growing Wireless market in the world. Here is a breakup of who controls the emerging Indian Wireless market. Bharti Airtel Ltd is at the top followed by Reliance Communications Ltd. State owned BSNL has slipped to third place[from second place a year ago] whileContinue Reading

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The Indian regulator for telecom reforms, TRAI, is planning to drop SMS out of the list that is considered as Unsolicited Marketing. SMSes don’t seem to be a problem to the extent unsolicited marketing calls are. TRAI had initiated a consultation paper on Do Not Disturb registry in November and hasContinue Reading

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When Rajesh Sawhney, President Reliance Entertainment presented Zapak gaming plans to the chief of RCom, Anil Ambani, Anil is understood to have said Rajesh, “Get Gamming Buddy“. This has equally motivated the chief of wireless division, Shukla to drive the falling ARPUs higher by offering value added services and content onContinue Reading

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Vodafone group Plc has called for a board meeting later today [Thursday] to seek approval to bid for Hutchison Essar Ltd. Vodafone led by Sarin is seeking board approval for $13.5 Billion Plus bid. Earlier Maxis’ bid of $13.5 billion was tuned down. Vodafone already holds 10% stake in India’sContinue Reading

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IT Minister Dayanidhi Maran who last week had hinted about boosting broadband intertent in India has made a public announcement at India Telecom 2006 that BSNL will kiss goodbye to 256 KBPs very soon and will move towards broadband internet at 1 MBPs. Well that’s a slightly over optimistic promise butContinue Reading

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ET has reported that Anil Ambani is in talks with Kohlberg Kravis Roberts & Co (KKR) to make a joint bid for Hutchison Essar. Details unavailable. HTIL has rejeced a $13.5 billion joint bid by Texas Pacific and Maxis Telecom. Wait a minute, $13.5 Billion + Debt ? That’s insane valuations forContinue Reading

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I am a big fan of IP based technologies and count my vote if you believe every device will be reachable by an IP few years from now. However, when I read about IPTV in India, I am a bit disappointed by the underlying broadband infrastructure Indian telcos have uponContinue Reading