Not too long ago I had written if we can trust the Indian newspapers. Jeez! We can’t trust Reuters as well. Reuters admited and pulled down doctored photograph of burning buildings in Beirut after a blogger exposed the same. What’s up with the media lately ? Are they losing outContinue Reading
You must have probably heard the punchline – Partners in Progress. But welcome Hutch-Essar, they are partners in fight 🙂 Hutch-Essar have both indulged in few shady deals, to take the company public and make the promoters rich. Essar group had bought BPL Mobile for $1.1 Billion. Essar offered toContinue Reading
Idea Cellular is planning all India footprint. Idea plans to apply for licenses in the remaining 12 circles, which are Mumbai, Chennai and Kolkatta amongst the Metros. Karnataka and Tamilnadu in Circle A. Punjab & West Bengal in Circle B. Bihar, Orissa, Assam, North East India and Jammu and KashmirContinue Reading
FIPB has finally cleared the indirect holding of Orascom in Hutchinson Whampoa. Orascom after the FIPB clearance now controls 10% in Hutch India. Orascom controls around 60% of Pakistan cell phone market. Ahead of Qualcomm’s July-19th board meeting to decide on the handset roylaty issue for Indian cellcos, HFCL, aContinue Reading
I would like to summarize the entire Convergence.In coverage on the issue involving Reliance, Tata, Qualcomm, GSM or CDMA and Spectrum. It started in the first week of June when Anil Ambani’s Reliance Telecom applied for GSM license. Then I got an insight about Reliance’s call to switch to GSMContinue Reading
Dayanidhi Maran has made it clear that their is no fault in India’s spectrum policy. Qualcomm chief also offered to establish and fund a Telecom research institute in Chennai,India. Maran and his officials maintained that it is the handset cost and incompatability of CDMA handset with GSM technology that isContinue Reading
Last week and this week their have been reports that India’s third largest mobile service provider, Reliance Infocomm would kiss goodbye to CDMA technology and slowly migrate to GSM. Reliance Infocomm’s subscriber constitute 8% of Qualcomms total subscriber base and around 10% fo the bottomline(I am not positive). This announcementContinue Reading
Earlier last week, Reliance Communications through its GSM subsidiary, Reliance Telecom moved to DOT seeking fresh GSM spectrum in Delhi, Mumbai & more spectrum in its existing 7 circles of operations. DOT had sought further clarification from Reliance Telecom which has been totally confidential. Apart from the royalty issue, letsContinue Reading
Hindujas have finally settled at $450 Million for their 5.1% stake in Hutch. Earlier I had reporetd that the Hindujas were demanding $600 million valuing Hutch @ $12 Billion. After Hinduja’s selloff, Hutchinson Telecommunications Ltd(HTL) stake in Indian venture is at 48% while Essar groups Ruias stake will be atContinue Reading
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