New Delhi - Bahrain Telecommunications Company Batelco has signed a deal to buy 49 per cent in Indian mobile telephone operator S-Tel for 225 million dollars, news reports said Monday.
Batelco partnered with Millennium Private Equity, a Dubai Financial Services firm, to purchase the shares in S-Tel, the Times of India daily reported.
S-tel director Santosh Robert told the newspaper the deal would enable his Chennai-based company to partner with an experienced operator for the new GSM rollout scheduled mid-2009.
BSNL landline phone service would offer a rent rebate to Pune customers whose phones had been dead or faulty for 15 days at a stretch during April 2007 to July 2008. 
Virgin Mobile topped user satisfaction in the year 2008. Out of 11 telecom operators only 5 could meet 90% quality benchmark set by TRAI. 
In the midst of lower sales and increasing competition in the world's fastest-growing telecom market, Motorola, which is facing lower sales now, has decided to shut down its distribution division in India. It has been learnt that now the distribution work will be done out of Singapore. 
Keeping in mind the regular complaints of the Indian users regarding the slow speed of dial-up and broadband connections, Telecom regulator TRAI has decided that regulation should be kept in place in order to make sure that connections are provided by the internet service providers (ISPs) only on the capacity of traffic they can carry.
Stockholm - Mobile telephone maker Sony Ericsson on Friday reported a fourth-quarter loss and lower sales, describing the 2008 business year as "tumultuous" in the wake of the global economic downturn.
