Telecom Sector

Brits chat a whopping 247bn minutes on the phone annually!

Brits chat a whopping 247bn minutes on the phone annually!London, Aug 14 : Britons are chatting like never before, says a new research, which found that the natives are spending a record amount of time chatting on the phone.

According to the study, they spent a total of 247billion minutes on the blower last year, up from 233billion in 2006, reports The Sun.

More calls are made from mobiles, with landline use falling.

They spend an average ten minutes a day talking and texting on a mobile — twice the 2002 figure.

But one in ten people with a landline say they never use it.

DoT Asks Idea To Give Up One Licence In 2 Circles

The government on Monday asked cellular operator Idea to surrender the licence of either Punjab or Karnataka telecom circle to enable the merger of Spice Communications with itself.

Department of Telecom secretary Siddharth Behura said the company would not get any official "response" on the merger proposal till one of the two licences was returned.

“Policy is very clear. What will one do with two licences?,” said Behura.

The DoT has also made it clear that the company would not get any "refund" on the return of licence.

Earlier this year Idea Cellular, one of the fastest-growing mobile-phone carriers, offered Rs 32.4 billion ($757 million) for control of Spice Communications.

3G Spectrum Auction Process To Be Finalised By Sep 30

The Government hopes to finalise the process auctioning the next generation 3G mobile spectrum by September 30.

Telecom Secretary, Sidhharth Behura said, “Technical and financial details are being discussed. Once that is done, this e-auction process for 3G spectrum would be finalised by September 30.”

Before allocating the 3G spectrum, the government will invite request for the proposals for rolling out mobile number portability (MNP).

The government has also allowed the foreign players to take part in the next generation telecom arena and is thus expecting a good response from the bidding process as it hopes to raise it up to a level of Rs 40,000 crore.

KEC International plans to enter telecom biz; to pump Rs 100 crore

KEC International plans to enter telecom biz; to pump Rs 100 croreKEC International, part of the Rs 13,500-crore RPG Group, engaged in laying of power transmission lines on EPC basis globally, is reportedly planning to enter the business of erecting telecom towers in the rural areas as a part of its diversification plans.

The company aims to invest Rs 100 crore for this business plan, under which it would set up 400 telecom towers in the rural areas.

Idea to surrender overlapping licenses

Idea to surrender overlapping licensesNew Delhi, August 11: Idea Cellular was asked by the Government to surrender either its license or that of Spice Communications, its latest acquisition, to avoid overlapping.

However, Idea would not be refunded the license fee said the Telecom Secretary Sidhharth Behura.

According to sources, Idea is likely to surrender its own licenses and retain Spice licenses in both, Punjab and Karnataka, circles as Spice has 800 Mhz spectrum in these areas and can accommodate more users.

Besides, Idea is yet to start its service whereas Spice is already offering services there.

Ericsson down to third on Stockholm Stock Exchange's top 10

Ericsson down to third on Stockholm Stock Exchange's top 10 Stockholm - Swedish telecommunications equipment maker Ericsson has dropped to third place on the Stockholm Stock Exchange in the wake of recent financial turbulence, a report said Monday.

Ericsson had on August 7 lost almost half its value in terms of market capitalization compared to the corresponding day in 2007, the Svenska Dagbladet said.

The group's market capitalization was valued at 212 billion kronor (33.8 billion dollars), compared to 408 billion kronor on August 7, 2007.

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