Telecom Sector

Texting more popular than calling among American cell phone users

Washington, Sep 24 : Americans send more text messages from their cell phones than they make calls, according to Nielsen Mobile survey.

The survey revealed that for the second quarter of 2008, U. S. mobile subscribers sent and received on average 357 text messages per month, compared with making and receiving 204 phone calls a month.

In the first quarter of 2006, Americans had sent and received 65 text messages per month.

The number of messages sent and received today has increased 450 percent. But even though people are texting more, it doesn''t mean that they''ve stopped talking on the phone, reports CBS News.

Airtel Partners With SingTel To Offer Free Incoming Calls

India's leading integrated telecom services provider Bharti Airtel Ltd has announced Airtel Partners With SingTel To Offer Free Incoming Calls that it has partnered with SingTel, the official sponsor of the Singapore Formula 1, to offer up all Airtel subscribers Free Incoming Calls while in Singapore on the race weekend.

This is an exclusive offering from Bharti Airtel for the Inaugural 2008 Formula 1 SingTel Grand Prix being held on September 28, 2008. 

Sell Reliance Communications

Stock market analysts have suggested investors to sell Reliance Communications Sell Reliance CommunicationsLimited (RCom) stock as there are full chances of a downward trend in this stock.

Today, the stock opened weak at Rs 365, against its last closure at Rs 369.35 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 10.16 and 35.94 respectively. The share price has seen a 52-week high of Rs 844 and a low of Rs 325 on BSE. 

Tulip Telecom Secure Contract Worth Rs 950 Million From MP

Tulip Telecom Ltd has informed that it has been awarded a contract worth Rs. 950 Tulip Telecom Secure Contract Worth Rs 950 Million From MP million by Madhya Pradesh State Electronics Development Corporation Ltd. 

As per the order, Tulip Telecom will build a state-wide area network on the Build, Own, Operate & Transfer (BOOT) basis.

According to the sources, the proposed network, for a duration of 5 years, supports data, voice and video, and will facilitate the State to implement various e-Governance initiatives.

USD 3 Bn To Be Invested By Reliance On GSM Operations

Recently, Reliance Communications made the announcement that the company is investing around USD 3 billion for their upcoming GSM operations in the Indian market.

Reliance Communications launches country’s first prepaid blackberry services

Reliance Communications along with Research in Motion (RIM) has launched the country's first prepaid Blackberry services on both GSM and CDMA models.

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