The operators believe that the industry is not ready for these services, even though such plans are good for users in Singapore. The service charges in the country are already lowest in the world and will not slide further for sometime. Moreover, this is also against the existing practice of an operator trying to match every scheme launched by competitors.
Consumer durables major Videocon Industries has firmed up its telecom plans and is making an initial investment of Rs 6,000 crore for rolling out GSM services, notwithstanding spectrum and legal issues besieging the sector. The services will be launched through its subsidiary, Datacom Solutions, by May. In case of a delay in spectrum allocation, the company may opt for taking spectrum on lease.
Richard Branson, after a dramatic launch of Virgin mobile in India, is keen on his India venture and is also exploring the possibilities of using bio-fuel for his aviation arm.
India Inc looks all set to grow at a slow pace in the current financial year. That is, if the financial performance of Corporate India for the first nine months of 2007-2008 is any indicator of things to come.
In a major development, the Ministry of Communications and Information Technology has cleared applications of nine telecom aspirants and is close to issuing them Letters of Intent. This will be followed by issuance of universal access service licences and allocation of spectrum.
In a move that would result in the mellowing of the spectrum issue and enabling the new service providers to commence operations, the Department of Telecommunications (DoT) has begun identifying the quantity of unused spectrum across 23 circles in the country.
DoT is asking the public to help to check illegal routing of international calls, which is causing the dept a loss of Rs 5000 cr.
Firming up its plans to rollout direct-to-home (DTH) television services, telecom firm Reliance Communications (RCom) has booked capacity on Malaysian satellite system, MEASAT-3. The deal size could not be confirmed, while it is understood that the deal is signed for around 15-20 years. RCom has booked four transponders, with an option to add four transponders after a year on MEASAT-3.
There is a growing number of celebrities who are regular bloggers and make it a point to chat with their fans logging on at a pre-decided time.
Report sees the index at 16,000 points in the worst-case scenario.
The rising cost of production and interest outgo have shrunk operating margins by 53 basis points to 15.16 per cent in the quarter ended December 2007, while net profit margin has slipped 39 basis points to 9.31 per cent as compared to 9.70 per cent in the corresponding quarter a year ago.
The Department of Telecommunications has mooted a proposal for increasing additional spectrum charges and has also suggested slashing of one-time fixed spectrum charges.
The high mobile telephony penetration in India's major metros and cities is expected to lead to a dramatic churn in the space
Mobile call rates are declining in face of fierce competition. In this price war, PCOs are likely to be the first casualty.
While the extent of Iran's isolation was unclear, many blogs alleged that the cable cuts and outages in West Asia were a ploy by an intelligence agency to disrupt Iranian commerce, targeting an emerging petroleum exchange that the country was shortly hoping to roll out.
In the wake of recent submarine cable cuts that disrupted Internet and telephony services across the world, the Telecom Regulatory Authority of India (Trai) is looking at putting in place a mechanism to ensure immediate restoration of lines in case of such incidents in the future.
In less than a week's time, a fourth submarine cable was severed in West Asia, disrupting voice and telecommunication traffic between Qatar and the United Arab Emirates (UAE).
The company - Mumbai-based Netcore Solutions - provides around 20 SMS-based channels like news, Sensex, cricket, jokes, horoscope and Bollywood free-of-cost to subscribers, irrespective of the operator or the circle. Further, these services are available across all the 23 circles in the country.
The company is exploring fund raising options to start services in 22 circles in the next two years.
In an effort to make the world's cheapest car more affordable, Tata Motors is exploring the possibility of providing loans for the Nano either through Tata Motors Finance, a wholly owned subsidiary, or existing financing channels.
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