Telecom Sector

Telenor announces new joint venture partner for telecom auction

Telenor announces new joint venture partner for telecom auctionNorwegian telecommunications firm Telenor Group has chosen Lakshdeep Investments & Finance Pvt. Ltd as its new partner for its telecom operations in India.

Telenor Group will possess a 74 per cent stake and maintain operational control in new joint venture Telewings Communications, while Lakshdeep Investments & Finance Pvt. Ltd will pick up the remaining 26 per cent in the new joint venture.

Bharti Airtel becomes fourth largest telecom operator in the world

Bharti Airtel becomes fourth largest telecom operator in the worldAccording to a new report, India's leading telecom service provider, Bharti Airtel has now become the fourth largest telecom operator in the world in terms of the number of subscribers.

The latest Wireless Intelligence `Scoreboard' report said that the Indian company had over 250 million mobile subscribers during the first quarter till June 2012. The company recorded a growth of 13 percent in the number of customers compared to the same quarter in the previous year.

EGoM defers decision on refarming of spectrum

EGoM defers decision on refarming of spectrumAn Empowered Group of Ministers (EGoM) on Thursday delayed a decision on the Telecom Commission's recommendation on refarming (reallocating) of spectrum held by incumbent operators.

The Telecom Commission had recommended that GSM-based telecom operators should be asked to pay for spectrum they hold beyond 4.4 MHz at the auction-determined price, while CDMA operators should pay for holdings airwaves beyond 2.5 MHz.

BSNL, MTNL want govt. to bear entire burden of one-time fee for additional spectrum

BSNL, MTNL want govt. to bear entire burden of one-time fee for additional spectrumPublic sector telecommunication companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) have requested the government to bear the entire burden of one-time fee for additional spectrum.

BSNL and MTNL are jointly facing a payout of around Rs 11,000 crore after an Empowered Group of Ministers (EGoM) announced its decision to impose a fee on incumbent telecoms with excess spectrum.

Deutsche Telekom in talks to merge its T-Mobile USA unit with MetroPCS

Deutsche Telekom in talks to merge its T-Mobile USA unit with MetroPCS In an agreement which will strengthen Deutsche Telekom's T-Mobile USA unit as the fourth-ranking US wireless carrier, the German company is reportedly close to finalizing a T-Mobile merger deal with smaller competitor MetroPCS.

Moutter wants Telecom to reconnect with New Zealanders

Moutter wants Telecom to reconnect with New ZealandersThe newly appointed Chief executive officer of New Zealand's Telecom, Simon Moutter has said that he wants the company to reconnect with the people in the country as it has lost its emotional connection with kiwis over the years.

Moutter said that the company had face several challenging years with government regulations and it had split with network unit Chorus. He said that there is an opportunity to completely reshape the company and share a deep link with the people of the country.

Telecom lost its ‘emotional connection’ with people, says chief

Telecom lost its ‘emotional connection’ with people, says chiefSimon Moutter, the newly appointed Chief executive officer has said that the company named, Telecom has lost its emotional connection with the people of New Zealand over the years.

"Over the years it feels like Telecom has lost its emotional connection with many New Zealanders," he said. Mr. Moutter is planning to reshape the company and make it a "customer-focused provider of information, communication and technology services."

Virgin Media’s 4G services might be launched this year

Virgin Media’s 4G services might be launched this yearAccording to a new The INQUIRER report, Internet Service Provider (ISP) Virgin Media has revealed that it may likely roll out its high-speed 4G services - using Everything Everywhere's LTE approved 1800MHz spectrum - in UK this year; even though there have been reports of the 4G launch having been delayed in the country.

Ofcom gives clean chit to BSkyB in phone hacking scandal

Ofcom gives clean chit to BSkyB in phone hacking scandal UK's communication regulator, Ofcom has cleared BSkyB in the phone hacking scandal that has tarnished the image of Rupert Murdoch's News Corp.

Ofcom said that there is no evidence that BSkyB was linked to the phone hacking scandal, which led to the close of News of the World news tabloid. The investigations over the incident found no evidence linking BSkyB to the scandal. Murdoch's News Corp has faced accusations of hacking into cellphone voice mails of murder victims, celebrities and 9/11 victims.

Asia focus is not for moving jobs, says Telstra

Asia focus is not for moving jobs, says TelstraDavid Thodey, the head of Telstra has asserted that the company's focus towards Asia should not be seen as a move to shift jobs out of Australia to cheaper locations.

Mr Thodey said that the number of employees in the company had fallen from 100,000 to about 40,000 when it was privatized in 1997. However, the number has been stable in the past 12 months. The company faced ire in the country after it announced that 651 call centre jobs will be cut in rural Australia and some service delivery testing services will be shifted to the Philippines.

Indian telecoms not excited about iPhone 5

iPhone-5Cupertino, Calif.-based technology giant Apple Inc. recently took wraps off the iPhone 5, creating a great buzz all over the world; but Indian telecom operators are not excited about the newest iPhone at all.

While sales of the iPhones account for a considerable portion of US service operators’ revenues, Indian telecom operators do not the iPhone as a great opportunity.

Indian operators are of the opinion that selling the iPhone is not a good business sense for them because the Cupertino firm’s business proposition for Indian operators are very competitive.

2G case witness says he isn’t under CBI pressure

Former 2Gsenior Department of Telecom (DoT) official A K Srivastava has rebutted former telecom minister A Raja’s accusation that he is deposing falsely on certain aspects of the 2G scam case because he is under pressure of the CBI.

Srivastava, a former Deputy Director General of DoT, is a key witness in the alleged 2G scam case.

Sushil Kumar, Raja's lawyer in the case, cross-examined Srivastava on Tuesday. The lawyer asked Srivastava why he hadn’t told the central investigating agency earlier that Raja’s private secretary Chandolia had asked him if the department had received Unitech Group's applications for the 2G spectrum.

AT&T unveils its 4G LTE budget contender - $50 LG Escape

AT&T unveils its 4G LTE budget contender - $50 LG EscapeOn Monday, AT&T unveiled an attractive `budget contender' among the currently-available array of 4G handsets --- the LG Escape, which will clearly be more appealing than the other 4G phones around because of the fact that it comes with a rather fetching price-tag of $50, with a two-year contract.

AT&T, Verizon duel over 4G LTE network speeds in Connecticut

AT&T, Verizon duel over 4G LTE network speeds in ConnecticutIn a duel of sorts over network speeds in Connecticut, two leading cellular communications providers - AT&T and Verizon - are reportedly going all out to highlight the value of their high-speed 4G LTE networks and the importance of network speeds for the smartphone users in the state.

That the two bigwig cell carriers were fighting over their network speeds was evident in their last-week announcements, in which AT&T - taking the first shot - said on Thursday that it intends bringing 4G LTE to the Hartford-New Haven market by the end of 2012.

No 'rash job' will be done in Vodafone tax case: CBDT chief says

CBDTTax officials will not do a "rash job" on Vodafone tax issue as it needs due diligence, Central Board of Direct Taxes (CBDT) Chairperson Poonam Kishore Saxena said.

On October 22, 2010, the I-T Department had determined a tax liability of Rs 11,218 crore (including interest) on Vodafone for its acquisition of Hutchinson's stake in Hutch-Essar in a deal that was hit in the Cayman Islands in the year of 2007. However, that order was quashed by the Supreme Court of India in January 2012. Later, the government made the required amendment in the Income Tax Act with retrospective effect to drag such deals under tax network.

AT&T opening its first flagship mega retail store in Chicago

AT&T opening its first flagship mega retail store in Chicago  On Saturday, September 1, AT&T will open its first flagship mega retail store at a strategic location on the famous Michigan Avenue in Chicago. The 10,000 square-foot AT&T retail store will not only sell products, but will also focus on consumers.

With an across-the-street location from Coach Inc. and Cartier Ltd. stores in Chicago's "Magnificent Mile" shopping mecca, the new AT&T retail store will be three times the average size of the carrier's 2,300 retail outlets.

Gurgaon court’s next hearing in Telenor-Uninor case scheduled for Sept. 4

Gurgaon court’s next hearing in Telenor-Uninor case scheduled for Sept. 4Norway's Telenor on Tuesday moved to the Punjab & Haryana High Court against the Gurgaon court ruling that Telenor can bid for auction of spectrum only in association with Uninor.

The Punjab & Haryana High Court directed the Gurgaon district court to finalize its proceedings before 20th of September regarding Telenor Group's participation in the auction of spectrum.

T-Mobile to offer truly unlimited data plan from Sept. 5

T-Mobile to offer truly unlimited data plan from Sept. 5In what will mark a strategy similar to the one followed by Sprint Nextel, a truly unlimited data plan - sans any caps, stifled connections, or extra-usage charges - will be offered by T-Mobile USA from September 5.

The new unlimited data plan which T-Mobile is coming up with will combine unlimited voice calling and text messages, and will be priced between $69.99 and $89.99 a month, depending on whether the customers opt for a subsidized handset.

Sistema Shyam reports 72 per cent increase in revenues

Sistema Shyam reports 72 per cent increase in revenuesSistema Shyam TeleServices Ltd (SSTL) has said that it has recorded a rise of 72 per cent in revenues during the fourth quarter till March 2012.

The company also said that its net loss has fallen to Rs 527.8 crore duing the quarter. The company, which offers CDMA services under MTS brand, had recorded a net loss of Rs 666.4 crore during the same quarter of the previous year. It had reported Rs 1,197.7 crore loss in the October-December quarter.

Bharti Airtel Gets Hold Of 49% Stake In Qualcomm India broadband

Bharti Airtel Gets Hold Of 49% Stake In Qualcomm India broadbandWith the effort to lead 4G data services, India's biggest telecommunication operator Bharti Airtel has inked a deal to get hold of 49 per cent equity stake in Qualcomm Asia Pacific's BWA biz in the Indian market for around $165 million (Rs 922 crore).

As per the contract, Airtel will get permissions to provide 4G data services in four different circles that consists of Delhi, Mumbai, Haryana and Kerala.




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