~Later~
123Greetings.Com the pioneer in Internet Greeting Card / e-invitations for parties and ceremonies Services since 1996 operated by Intrasoft Technologies is going public / IPO next week. It will raise Rs 50o to Rs 536 mn in the offering. According to comScore Media Metrix derived from comscore.com certified on FebruaryContinue Reading
Qualcomm which changed and diluted its arrogance stand on its proprietary CDMA chip sets by promoting the Open Market Handset Alliance last year has realized the potential, a country with billion hands offers to it, and has now gone to an extra mile to bid for Broadband Wireless Access Spectrum.Continue Reading
The traditional press is silent about 3G spectrum auction, however, my channel checks indicate of a Telecom cabal. Early reports with Insiders have varying expectations for incumbents, mainly Reliance Communications and Idea Cellular. One section believes that Reliance Communications will throw its bid for all the circles while the otherContinue Reading
HSBC Global hosted a Con Call with Terry Rhodes, co-founder of Celtel International acquired by Zain. Mr. Rhodes was of the following opinion On Diversity and Cultural spread in Africa, As Africa consists of 53 countries, to operate successfully it is important to understand the dynamics of each country, includingContinue Reading
In an exclusive interaction with BNP Analysts, Mr. Sachin Pilot, Minister of State for Communications said 3G auction is on schedule for 9 April 2010. The dispute between defence and telecom ministry over spectrum has been resolved and 3G rollout is expected 3-6 months after the auction. Expect consolidation withinContinue Reading
If you have been tracking corporate India’s moves in the past 18 months [Tata Corus + Jaguar, Hindalco Novellis, etc] our businessmen are in a hurry to fulfill their global ambitions. Bharti Airtel‘s Mittal is also running on a similar track and this I believe is going to be reallyContinue Reading
Here is a quick peek into the market share[MS] of various mobile companies in India at the end of Dec-2009. Read Subscriber MS as SIM based MS. Bharti Airtel – Subscribers – 22.6% while Revenue is the highest at 29.1%, saw a decline of 1.1% in the Dec quarter. RelianceContinue Reading
Mr. Sunil Mittal is the most determined soul for Wireless African Safari 🙂 After having paid a premium in acquiring Warid Telecom, Bangladesh, this time his company is paying similar hefty premium [even RoE, RoCE are all low and not comparable to Airtel] to acquire the Wireless operations of ZainContinue Reading
To many this may come as a surprise that a lesser known company Micromax is the third largest mobile handset vendor in India by Sales behind Nokia and Samsung. Micromax followed a different strategy of hitting the bottomg of the pyramid and managed to make significant inroads riding on theContinue Reading
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