Telecom Sector

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.

Incredible Spice handset with Finger Swipe Touch Screen @ Rs 7999 only

Spice Mobile launches touch screen S-930 for Rs 7,999Keeping in mind the needs of fashion conscious customers in India, Spice has revealed its plans to come out with its sophisticated mobile handset S930, which will carry a very reasonable price tag of just Rs 7999. It would be an extraordinary handset with lots of innovative features. The Spice phone S930 has been equipped with Finger Swipe Touch Screen (FSTS) that will let the young India to explore the new technologies at a very reasonable price.

BSNL Plans Overseas Foray; Open To Overseas Acquisitions

BSNL Plans Overseas Foray; Open To Overseas AcquisitionsBharat Sanchar Nigam Ltd (BSNL), a leading state run telecom operator, has announced that it is considering acquiring companies in Africa and Middle East.

While commenting on the proposals, Mr. Kuldeep Goyal, BSNL chairman and managing director stated, “We are looking at developing economies such as Africa and Middle East countries.”

The company is proposing expansion in mobile and broadband sectors in the countries where telecom density is low.

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