Branded Mobi-Retail, this service will be offered to the 35 million subscribers of Reliance Communications, who will be able to use their handsets to buy over 100,000 products ranging from fresh vegetables to groceries, readymade garments, toys etc.
Among the new guidelines under discussion, DoT is looking at raising the net worth criterion of companies applying for a pan-India UASL licence from Rs 1,380 crore to Rs 1,500 crore.
The 40 per cent market share cap suggested by the Telecom Regulatory Authority of India (Trai) is likely to make mergers between existing telecom operators extremely tough.
Despite the controversy over the entry of foreign retail giants, the government has cleared foreign direct investment worth only $3.1 million in retail between February 2006 and May 2007.
The technology's spectrum efficiency, low cost and simple installation make it the next big thing in the telecom world.
The technology's spectrum efficiency, low cost and simple installation make it the next big thing in the telecom world.
Eldest brother may buy part of the shares; private equity to pick up rest.
Shrinking tariffs and falling handset costs have made Indian telecom subscribers the most pampered lot. Though it has resulted in a declining average revenue per user (ARPU) for service providers, they are not complaining as yet.