EGoM’s reserve price revision still high: GSMA
July 21st, 2012 - 4:07 pm ICT by IANS
Mumbai, July 21 (IANS) The price range recommended by the Empowered Group of Ministers (EGoM) for 2G spectrum is still very high in terms of international best practices and would ... Read more...
Posted in Business |
Huawei unveils gigabit switches for Indian enterprises
June 25th, 2012 - 10:40 pm ICT by IANS
Bangalore, June 25 (IANS) Chinese telecom major Huawei Telecommunications (India) Ltd Monday unveiled the latest series of gigabit switches and routers to enable Indian enterprises use its next-generation ICT products ... Read more...
Posted in Business |
Vodafone sends notice on retrospective tax (Lead)
April 17th, 2012 - 7:03 pm ICT by IANS
New Delhi/Mumbai, April 17 (IANS) Britain-based global telecom company Vodafone Tuesday served notice on the Indian government on its retrospective proposal to levy capital gain tax on a transaction ... Read more...
Posted in World |
India needs to rebuilt its telecom narrative (Comment)
February 6th, 2012 - 12:02 pm ICT by IANS
Telecom sits on the top of the incredible India story. But the mess, evident in the award of second generation (2G) licences, shows how at least six principal characters worked overtime ... Read more...
Posted in Uncategorized |
Government studying court ruling on Vodafone tax dispute
January 25th, 2012 - 7:00 pm ICT by IANS
New Delhi, Jan 25 (IANS) The Indian government is studying the Supreme Court verdict on UK telecom Vodafone's $2.2 billion tax liability and will take appropriate action accordingly, Finance ... Read more...
Posted in Business |
Vodafone tax verdict to impact on similar merger deals: experts
January 20th, 2012 - 9:20 pm ICT by IANS
New Delhi, Jan 20 (IANS) The Supreme Court verdict Friday on Vodafone's $2.2 billion tax liability will have a bearing on a host of similar overseas mergers and acquisitions deals ... Read more...
Posted in Business |
Nokia Siemens launches new way to deliver broadband
September 20th, 2011 - 11:59 pm ICT by IANS
New Delhi, Sep 20 (IANS) Global telecom infrastructure firm Nokia Siemens Networks Tuesday launched a new way to deliver broadband -- the "liquid net"."The new method allows a network operator ... Read more...
Posted in Sci-Tech |
Nokia Siemens Networks appoints Girotra India region head
September 5th, 2011 - 6:11 pm ICT by IANS
New Delhi, Sep 5 (IANS) Global telecom infrastructure firm Nokia Siemens Networks Monday said it has appointed Sandeep Girotra to lead its business in India.
Girotra, so far responsible for key ... Read more...
Posted in Business |
Apple-led group buys Nortel patents for $4.5 bn
July 2nd, 2011 - 1:13 pm ICT by IANS
Toronto, July 2 (IANS) A consortium of Apple, BlackBerry maker Research In Motion (RIM), Microsoft, Ericsson, Sony and EMC has bought 6,000 patents of the defunct Nortel for a whopping ... Read more...
Posted in Sci-Tech |
UN agency to confer global telecom award on Sam Pitroda
May 11th, 2011 - 7:28 pm ICT by IANS
Geneva, May 11 (IANS) A United Nations agency for information and communication technology Wednesday said it would confer an award on Sam Pitroda to recognise his dedication in promoting use ... Read more...
Posted in Uncategorized |
Nokia’s Chennai unit crosses 500 million-mark in handset-production
May 5th, 2011 - 7:41 pm ICT by IANS
New Delhi, May 5 (IANS) Mobile handsets manufacturer Nokia Thursday said its manufacturing plant in Chennai has crossed production of 500 million handsets thus reaching a milestone for the company's ... Read more...
Posted in Sci-Tech |
Vodafone to buy out Essar’s stake in Indian subsidiary for $5 bn
March 31st, 2011 - 5:32 pm ICT by IANS
New Delhi, March 31 (IANS) Britain-based Vodafone Group Thursday said it would buy out its Indian joint venture partner Essar Group's stake in India's leading telecom company Vodafone Essar Limited ... Read more...
Posted in Business |
China to go into 4G telecom technology by 2015
January 3rd, 2011 - 3:19 pm ICT by IANS
Beijing, Jan 3 (IANS) China's homemade fourth-generation telecommunication technology TD-LTE that can download over 150 megabytes per second will be used globally by 2015, say Chinese industry experts.The next-generation Time Division-Long Term ... Read more...
Posted in Sci-Tech |
Synergy to build Huawei R&D facility in Bangalore
December 14th, 2010 - 7:58 pm ICT by IANS
Bangalore, Dec 14 (IANS) Project management firm Synergy Property Development Services Tuesday announced that it had won a Rs.500-crore project to build the research and development (R&D) facility of China's global telecom ... Read more...
Posted in Business |
Sterlite Technologies plans Chinese JV to produce optical fibre
November 17th, 2010 - 5:39 pm ICT by IANS
New Delhi, Nov 17 (IANS) Global telecom and power transmission solution provider Sterlite Technologies and optical cable solutions provider Jiangsu Tongguang Communication Wednesday said they will form a joint venture company -- ... Read more...
Posted in Business |
Indian telecom industry celebrates 50-percent tele-density (Lead)
August 6th, 2010 - 8:38 pm ICT by IANS
New Delhi, Aug 6 (IANS) The Indian telecom industry celebrated its unprecedented achievement in 2010 late last evening by recognizing some key leaders who have helped shape this sector into a $63-billion ... Read more...
Posted in Business |
Tata Tele MD wins telecom person of the year award
August 6th, 2010 - 4:30 pm ICT by IANS
New Delhi, Aug 6 (IANS) Tata Teleservices Managing Director Anil Sardana has received the Voice & Data Telecom Person of the Year 2010 award.
Sardana has been recognised for his per second billing ... Read more...
Posted in Business |
Bharti and 15 others launch submarine cable system in Africa
August 5th, 2010 - 6:36 pm ICT by IANS
New Delhi, Aug 5 (IANS) India's Bharti Airtel and 15 other global telecom companies together launched a 10,000 km submarine cable system Thursday to connect east Africa with the rest of the ... Read more...
Posted in Business |
Finnish mobile software firm to launch Bangalore operations
July 10th, 2010 - 12:27 pm ICT by IANS
By Fakir Balaji
Bangalore, July 10 (IANS) Finland-based mobile software firm Qvantel Oy, which has Ericsson, Nokia Siemens and TeliaSonera among its clients, is setting up a centre of excellence in Bangalore to ... Read more...
Posted in Business |
Reliance Communications on a roll on stake sale buzz (Lead)
June 3rd, 2010 - 7:26 pm ICT by IANS
Mumbai, June 3 (IANS) Reliance Communications saw its scrip soar further Thursday after the company said it was evaluating various offers from global telecom firms to acquire a strategic stake in the ... Read more...
Posted in Business |
Reliance Communications surges further on Indian bourses
June 3rd, 2010 - 3:31 pm ICT by IANS
Mumbai, June 3 (IANS) Reliance Communications, a part of the Anil Ambani group, saw its scrip surge further Wednesday after the company said it was, indeed, evaluating various offers from global telecom ... Read more...
Posted in Business |
UN agency to host global telecom meet in Hyderabad from Monday (Lead)
May 23rd, 2010 - 6:10 pm ICT by IANS
Hyderabad, May 23 (IANS) Over 700 delegates from across the globe will converge here for the fifth Telecom Development Conference May 24-June 4 to set the agenda for pushing the advancement of ... Read more...
Posted in Business |
Stage set for world telecom meet in Hyderabad
May 23rd, 2010 - 2:13 pm ICT by IANS
Hyderabad, May 23 (IANS) A meeting here, beginning Monday, of global telecom experts will adopt the Hyderabad Action Plan that will set the agenda for development of telecommunication and information and ... Read more...
Posted in Sci-Tech |
Videocon plans Rs.14,000 crore investment in mobile service
April 18th, 2010 - 6:47 pm ICT by IANS
Gandhinagar, April 18 (IANS) The Videocon group envisages investment of Rs.14,000 crore in its mobile services over the next three years and plans an investment of around Rs.1,000 crore for its 2.75G ... Read more...
Posted in Business |
Bharti shares open strong after Zain Africa deal
March 31st, 2010 - 10:45 am ICT by IANS
Mumbai, March 31 (IANS) The shares of India's top telecom company Bharti Airtel opened strong on bourses here Wednesday, a day after it sealed a $10.7 billion deal to acquire the ... Read more...
Posted in Business |
India’s Bharti makes grand entry into Africa’s telecom market
March 31st, 2010 - 1:21 am ICT by IANS
Amsterdam, March 30 (IANS) India's top private telecom company Bharti Airtel Tuesday announced the inking of a $10.7 billion deal to acquire the African assets of Kuwait's Zain in what will make ... Read more...
Posted in Business |
IT spending to rebound in 2010: Gartner
October 21st, 2009 - 3:32 pm ICT by IANS
Bangalore, Oct 21 (IANS) The global IT industry will return to growth in 2010, with technology spending increasing 3.3 percent ($3.3 trillion) after declining by 5.2 percent in 2009, IT research and ... Read more...
Posted in Business |
Regulatory hurdles remain for Bharti-MTN deal
September 30th, 2009 - 7:30 pm ICT by IANS
New Delhi, Sep 30 (IANS) Regulatory roadblocks remained unresolved for the proposed $24-billion equity swap-cum-strategic tie-up between Indian telecom major Bharti Airtel and South Africa's MTN even as their deadline for ... Read more...
Posted in Business |
US chip maker to set up lab in Bhubaneswar (Business Capsule-Two)
September 18th, 2009 - 8:39 pm ICT by IANS
Bangalore, Sep 18 (IANS) Leading chip maker Cypress Semiconductor Corp entered into a partnership with the Bhubaneswar Institute of Technology to set up a programmable System on Chip (SoC) laboratory at Bhubaneswar ... Read more...
Posted in Business |
Courts likely to approve Ericsson-Nortel deal Tuesday
July 27th, 2009 - 11:34 am ICT by IANS
Toronto, July 27 (IANS) Courts in the US and Canada are likely to approve Tuesday the sale of global telecom firm Nortel's wireless business to Sweden's Ericsson last week.
The Swedish telecom major ... Read more...
Posted in Business |
Ericsson also bidding for Nortel’s wireless business
July 24th, 2009 - 3:35 pm ICT by IANS
Toronto, July 24 (IANS) Sweden's Ericsson has entered the bid to acquire the next-generation wireless business of Nortel.
Toronto-based Nortel, which is selling its various divisions as part of its liquidation plan, will ... Read more...
Posted in Business |
Dying Nortel sells business to rival for $475 mn
July 21st, 2009 - 12:11 pm ICT by IANS
Toronto, July 21 (IANS) Nortel, the once global telecom equipment giant that declared it would liquidate itself last month, has announced that it was selling its enterprise business to rival Avaya Inc. ... Read more...
Posted in World |
Government to write off ITI losses to hive off viable units
June 30th, 2009 - 8:57 pm ICT by IANS
Bangalore, June 30 (IANS) The government would write off Rs.2,820 crore (Rs.28.2 billion) losses accumulated by Indian Telephone Industries (ITI) Ltd to enable the state-run undertaking hive off its viable units for ... Read more...
Posted in Business |
Idea inks Rs.145-crore deal with Firstsource
June 23rd, 2009 - 7:54 pm ICT by IANS
Mumbai, June 23 (IANS) Telecom major Idea Cellular Tuesday signed a Rs.145-crore agreement with Firstsource Solutions, a business process outsourcing (BPO) service provider.
As part of the agreement, Firstsource will provide for ... Read more...
Posted in Business |
Nortel seeks court nod for bonuses to top honchos
March 20th, 2009 - 1:45 pm ICT by IANS
By Gurmukh Singh
Toronto, March 20 (IANS) Even as the US House Thursday passed a bill to heavily tax bonuses for executives of companies bailed out with government money, global telecom giant Nortel ... Read more...
Posted in Business |