Mobile in India
Telekom Malaysia has bought 49% stake in the Modi’s controlled Spice Telecom. Spice Telecom is a GSM operator operating in the circles of Punjab and Karnataka since 1995. Though Spice has competed well in Punjab it is far behind in the number of subscribers it has in Karnataka, a mere 400,000.Continue Reading
Convergence India insiders have learnt that TRAI & the Govt of India to protect consumers interest have ordered all the Cellular operators in India to comply with the mobile number portability guidelines and recommendations. Cellular operators have been given a time frame of 1 year. The scheme should be effectiveContinue Reading
Bharti Televentures’ business model was applauded by IBM CEO Sam Palmisano during IBM business leadership forum in China where top CEOs from the western world participated. In Feb-2004, Sunil Mittal, CEO of Bharti took a bold step in outsourcing its cellular network operations to its equipment vendors – Nokia, Ericsson and Siemens.Continue Reading
Earlier I reported that Maxis Telecom promoted by Malaysian billionaire Anand Krishnan had bought a majority stake in Aircel. Maxis having entered India through Tamilnadu now wants to consolidate further in Karnataka and Punjab by buying out B.K.Modis out of Spice Telecom. Modis hold 51% stake in Spice. Maxis is alsoContinue Reading
Very soon you will hear echoes in your vegetable market like, “Suniye, Suniye….., Reliance Mango Hungama; 1000 rupiah aam lou aur 100 rupiah cell phone call mufat karo” (Translated in English – Reliance Mango offer; Buy Mangoes worth Rs1000 and get to make 100 rupees worth cell phone calls freeContinue Reading
Orascom of Egypt controls upto 65% of Pakistan’s and 8% of Bangladesh’s cell phone market. It paid USD 1.3 Billion to buy 19.3% stake in HTIL – Hutchinson Telecom International Limited. HTIL is a subsidary of Hutschinson Whampoa group. HTIL operates with various Indian partners with Essar being the majorContinue Reading
Continued growth in GSM subscribers in India during the last quarter of 2005, has reason for one Finnish company to keep smiling – Nokia. Nokia expects its handset sales to be close to 900 million units in 2006. Continued co-operation from the government by reducing import duty on handsets fromContinue Reading
C Sivsankran is an ambitious and cut-throat business man. ET reports that he is hitiing the JackPot again.(Recollect he has already built and sold DishNetDSL to Tatas after he was unsuccessful to win controlling stake in VSNL from the Government of India). He was in talks with the Hutchinson group earlierContinue Reading
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