Telecom Sector

Alcatel-Lucent plans to expand India operations

Alcatel-LucentAlcatel-Lucent has chalked out a plan to expand its business in highly potential Indian market. The company is a leading global communication solution provider, which has already significant presence in the market. It has 5,000 employees in India and would start a recruitment drive to satisfy its manpower needs.

Alcatel-Lucent CEO, Ben Verwaayen said that the company sees a huge potential in India due to availability of resources, talent and big market. The country would grow despite uneven global financial condition and economic slowdown.

HC notice to telecom ministry on spectrum allocation

HC notice to telecom ministry on spectrum allocationAlleged unfair issue of 2G spectrum allocation by department of telecommunication has reached in Delhi high court. Petitioner Mr. Arvind Gupata challenged the First Come First Serve policy of government and alleged that telecom ministry is playing in the hands of some real estate majors and infrastructure giants. PIL alleged that government allotted 2G spectrums at throwaway prices causing huge loss to state exchequer.

DoCoMo to pick 26% in Tata Tele

DoCoMo to pick 26% in Tata TeleLeading Japanese mobile company, NTT DoCoMo would acquire 26% in TATA Teleservices. Tata Teleservices (TTSL) is a subsidiary of TATA group which offers CDMA based services across India having 25 million subscribers in 20 telecom circles. The Japan based company would pay around Rs 12,770 crore to TATA for this acquisition.

DoCoMo valued mobile service provider at Rs 50,269 crore and it would buy six per cent from Tata Sons and other group companies while remaining 20 per cent from the shares issued by TATA Teleservices.

Britain's BT sheds 10,000 jobs as recession bites

British TelecomLondon - British Telecom (BT) announce

BSNL Ties Up With Novatium To Offer Rs 2,999 Computer

BSNL Ties Up With Novatium To Offer Rs 2,999 Computer State-run telecom major Bharat Sanchar Nigam Ltd has made announcement that the company has linked up with IT products company Novatium Solutions to offer Nova netPC enabled with the BSNL broadband. 
 
According to sources, the key factor that will allow broadband penetration is an affordable computing access device and Nova netPC provides the customers to get home a personal computer at just Rs 2,999.

India added record GSM mobile subscribers in October

India added record GSM mobile subscribers in OctoberIndian telecom sector is expanding its base despite tight economic conditions and global slowdown. Country witnessed record increase in GSM subscriber in October. It has now become the fastest growing mobile market of the world, where telecom companies are offering services at quite low rates.

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