Flipkart has announced that it is shutting down its Flyte MP3 music store with effect from June 17 2013. The leading Indian e-commerce company sent an e-mail to its users informing them about the same. It advised users to use their Flyte wallet balance by the same date, although it would refund the unused Flyte balance even if they’re unable to use it. Users will be able to download all the MP3... 

It looks like Apple is working on a new large screen iPad if a new report is to be believed. According to a new report by Korean website ETNews.com (via Unwired View), Apple is working on a new larger iPad with a 12.9-inch diagonal screen that would be called iPad Maxi. It goes on to add that this iPad variant would launch in the first half of 2014 and would take on Ultrabooks. It would also target... 

Samsung has officially announced its Galaxy S4 mini smartphone, a compact version of Samsung’s flagship smartphone. Samsung Galaxy S4 mini is powered by a 1.7GHz dual-core processor along with 1.5GB of RAM. It packs in 8GB of internal storage of which 5GB is user accessible. The internal storage can be further expanded by up to 64GB with the help of a microSD card. The smartphone comes with 4.3-inch... 

ZTE will be launching its range of smartphones and tablets in the Indian market starting October 2013. The company will enter the Indian smartphone market with five models ranging from Rs 5,799 to Rs 14,999 which will be followed with the introduction of tablet PCs. “Globally, ZTE is the fourth largest handset manufacturer and we are certain to strengthen our position in India, which is a key growth... 

Reliance Communications is busy with finalizing its strategies for future, and it is obvious that the telco will shift voice-only customers to GSM network and will use CDMA network for high ARPU customers who will use voice and data both. Began as a pure-play CDMA operator the move of Rcom seems natural at the course of the time. A long back Sistema Shyam Teleservices, operates under MTS brand told... 

GSM operators’ group, the Cellular Operators Association of India (COAI) is all set to seek legal action to cancel licenses hold by Tata Teleservices. In February 2012 Supreme Court cancelled 122 licenses permitted during 2008, and said licenses issued on or after January 10, 2008 and subsequent allocation of spectrum are illegal and should be cancelled. Tata Tele who got the licenses a long back,... 

Vodafone India today issued a statement which states that is taking all required actions, including legal, to ensure extension and continuity of its licenses in Mumbai, Delhi and Kolkata, as per the provisions of policy and license and repeated assurances by DoT and Ministry in the past. Vodafone has been operating in conformity to all applicable laws, guidelines and regulations and remains committed... 

Though India’s telecom market lost its sheen, there are some happenings ongoing inside the market, specially on the 4G space. While presenting annual report for 2012-13 Reliance Industries, who own Reliance Jio Infocomm Ltd has said that they have completed finalizing key agreements with its technology partners, service providers, infrastructure providers, application partners, device manufacturers... 

Google’s ultra-fast broadband service i.e. Google Fiber will be soon deploy in Gladstone, Missouri. After the Google has announced the fiber roll out in the upcoming days, as a result of which tiny towns like Shawnee, Kansas will get this new facilities. Austin, Texas, and Provo, Utah were the new added towns in the growing list of fiber-started communities happened in the past few months. But... 

The empowered group of the corporate debt restructuring (CDR) Cell has approved Tulip Telecom’s proposal for debt restructuring. A consortium of 13 banks and financial institutions which had provided loans to Tulip Telecom, have approved the company’s CDR package. The package, which covers debt of about Rs 30 billion includes a 30 month moratorium on principal and 18month moratorium on interest.... 

In 2020, Samsung, the Korean handset maker is aiming to develop the new core technology for the 5G network. Its a super fast wireless generation network which can download a movie just in one second. As per comparison to current 4G network, this network will work at 28 Gigahertz waveband to successfully send the data at 1 Gbps. It is also said that users will be able to” transmit a large files... 

Rs 2,700 crore is the amount taken from the group of international banks as a loan & has been fully repaid by Reliance Communication. The company quoted in an official statement that ”Reliance Communications made full payment of a syndicated ECB loan facility of $500 million, over Rs 2,700 crore, on the due date. The loan was taken in 2007 from a group of international banks.” On December...