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Nokia-Alcatel Deal May Force Ericsson to Expand Fixed Line Range
Sweden’s Ericsson, the world’s biggest maker of mobile telecoms equipment, will probably have to expand its range of fixed line products to defend its turf following Nokia’s purchase of Alcatel-Lucent.
As the Finnish and French firms combine, Ericsson will face a much stronger competitor with a broader product offering, bigger sales and R&D clout than itself. It may therefore...
US, UK Spies Hacked Gemalto to Intercept Mobile Calls, Data Worldwide: Report
Digital security company Gemalto NV was hacked by American and British spies to steal encryption keys used to protect the privacy of cellphone communications, news website Intercept reported, citing documents provided by whistleblower Edward Snowden.
The hack by the National Security Agency (NSA) and UK’s Government Communications Headquarters (GCHQ) allowed the agencies to monitor a large portion...
Telecom Spectrum Auction Postponed to March 4
The much-awaited auction of 2G and 3G telecom spectrum has been deferred to March 4 from February 25, an amended Notice Inviting Application by the Department of Telecommunications (DoT) said Tuesday.
The last date of submissions of applications is now February 16 – postponed from February 6 as declared earlier.
The total spectrum put to auction is 103.75MHz in 800MHz band, 177.8MHz in 900MHz...
Trai Issues Draft Regulations for Nationwide MNP
Telecom regulator Trai has issued draft regulations to facilitate full mobile number portability which is set to start from May 3.
The full or nationwide mobile number portability (MNP) will allow consumers to change service provider in any part of the country while retaining their existing number.
At present, mobile number portability allows consumers to change their service provider within a telecom...
Rs 2700 crore debt has been cleared by Reliance Communication
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...
Tata Teleservices has been asked to give up the extra spectrum as per DoT
Recent sources has confirmed that DoT has asked Tata Teleservices to vacate the additional CDMA spectrum in the different circles across India except Delhi & Mumbai with the other telco operators.
DoT sources has stated that the Telco body may request TTL to surrender its one 1.25 MHz of CDMA spectrum in all respected service areas except Mumbai & Delhi without any such reason.
The reason...
BSNL & MTNL GoM meet together with revival cancellation
There was a meeting scheduled with Finance Minister P Chidambaram & other group of ministers to discuss on the revival strategy of state-owned BSNL & MTNLbut later the meeting was cancelled. As per news came from PTI, one of the government officials said that the next date of the meeting yet to be decided & also quoted about the non-availability of Finance Minister on11th May.
As per...
5 percent stake has been bought by Qatar Foundation from Bharti Airtel
Qatar Foundation wants to buy out the fresh stake in their joint merge up with Bharti Airtel one of the largest private owned Indian telco company has a 5 percent share in this venture which worth around $1.26 billion.
Due to such high end investments company will get more flexible in terms of growth & also make a strong capital based infrastructure.
Qatar Foundation Endowment (QFE) being an investor...
49 Percent is the quarterly profit drops from Bharti Airtel
Bharti Airtel one of India’s largest private telecommunication operator quarterly net profit has dropped near to half i.e. $94.7 million or 5.1 billion rupees.
Already 9.2 percent is the revenue rise in this current fiscal year where in the previous year the profit was around 205 billion rupees ($3.8 billion).
1.3 billion rupees ($24.8 million) is the amount in terms of increment in tax received...
Reliance may share its towers with Bharti Infratel
As per top company officials Reliance Industries Ltd may put their towers on lease to Bharti Infratel a tower unit in Bharti Airtel.
Akhil Gupta Vice Chairman and Managing Director of Bharti Infratel told to press reporters that ”We would definitely be in talks with them, we would like to do more and more business with them. So as far as we are concerned they are very credible customer, so we...
Vodafone’s Stake may be soon purchased out by Verizon from Verizon Wireless
A group of advisers has been hired by Verizon Communications Inc to take full control of Verizon Wireless where Vodafone Group Plc is the joint partner, as per quoted by two known people.
Already of 55 percent stake in Verizon Wireless has been captured by Verizon & also not yet put a proposal forward to Vodafone. But again for an upcoming bid legal & financial advisers has been hired by the...
Low cost data plan has been launched by Aircel
A low cost data plan has introduced by mobile operator Aircel & by introducing this offer company’s main objective was to push the threshold mark of mobile internet. The plan has named as PI 24 under brand name Pocket Internet. The users can avail this facility for 30 days with 100 MB usage of data.
Right now the above plan is available for 2G customers but the company is planning to launch the...