Korean electronics major LG on Friday said it is planning to double its exports from India to about $140 million and sell about 2 million GSM handsets in the country during 2005.
Indian telecom sector has registered a phenomenal growth and has become second largest telephone network in the world after China.
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.
LG Electronics India on Thursday said it will launch several new products -- including laptops and notebook computers -- and offer up to 20 models of GSM mobile phones in the Indian market.
Cellular Operators Association of India (COAI) and Association of Unified Telcom Service Providers of India (AUSPI) have opposed the proposal to compensate consumers.
Sunil Mittal also said that the company was in talks with some banks for acquisition of firms in new circles after unified licensing regime comes in place.
At Rs 2,685 crore for 1MHz pan-Indian spectrum, reserve price would be 52% higher than that of 1,800MHz band
Even as cellular companies announced on Tuesday free incoming calls on their network, BPL Mobile has increased the rentals and access fee of both its pre-paid and post-paid users by Rs 100 and Rs 54 respectively from January 24.
Experts said the outcome isn't surprising as the action initiated by Sebi was not after an investigation or findings.
Buoyed by the growth in the wireless market, the telecom equipment market grew by 10 per cent in 2002-03 to touch Rs 28,238 crore (Rs 282.38 billion), according to a latest survey.
AirTel on Thursday announced a tariff plan for new subscribers in which the user has to pay a net monthly charge of Rs 299 and rupee one per minute for cell-to-cell local calls.
Subhash Velingkar floated a new party in Goa and vowed to defeat the Bharatiya Janata Party in the coming assembly polls
Trial offer is only by invite as of now, but is expected to be extended soon to select customers of Reliance Digital Express.
Of the two big players, while Bharti Airtel can leverage its existing subscriber base, newcomer Reliance Jio will have to wean away subscribers from the incumbents
With the profitability of telecom operators declining due to "low tariffs and high costs", GSM industry body COAI Chairman Himanshu Kampania has said the mobile sector cannot sustain future investments with present low margins.
Inter-ministerial body Telecom Commission on Tuesday approved hiking foreign direct investment limit in the sector from 74 per cent to 100 per cent.
This move gives Airtel and Chinese major immense benefits.
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Indian telecom sector has at present around 13 mobile phone service providers with some of them expected to go for consolidation once the final guidelines are in place.
The call drop rate should not be more than 2 per cent and for worst affected cells it should not be more than 3 per cent.
Nokia started operations at Sriperumbudur plant near Chennai, the second biggest facilities by any global firm, in 2006 after Korean auto major Hyundai's came up with its plant in the late 1990s.
Customers may lose freebies or have to pay a little more for mobile services in the days ahead as operators try to make up for Rs 61,100 crore they have committed to government in the latest spectrum auction.
DoT though failed to implement TRAI's recommendations to levy spectrum usage charge
The Aam Aadmi Party, which entered the fray with much fanfare, failed to make any impact at the hustings.
The report forecasts that by 2020, four out of every five smartphone connections worldwide will come from the developing world.
Feature phones still hold the majority of the 270 million handsets market in the country/
The marketplace was simply not conducive to the extension and evolution of broadband networks, particularly for less dense rural markets, so connectivity and services suffered.
Reliance Retail will also sell Wi-Fi dongles.
The minister had last month said that the guidelines will be out by October 15.
DoT plans to initiate move that might lower the revenues telcos share with government.
To revive BSNL and MTNL, DoT is taking various initiatives.
Within a week of the Telecom Regulatory Authority of India giving its final recommendations on the valuation and pricing of spectrum, Chairman Rahul Khullar speaks to Business Standard on the process the regulator followed in finalising the much-debated issue.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
