Mukesh Ambani-led Reliance Industries on Friday agreed to acquire Infotel for Rs 4,800 crore (Rs 48 billion) in a deal that values the Mahendra Nahata group internet service provider at about Rs 5,000 crore (Rs 50 billion).
The auction of radio waves used for mobile services saw a muted opening on Tuesday, with five rounds attracting bids worth about Rs 11,000 crore from telecom companies. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.
Bharti Airtel had planned to charge separately for internet-based voice calls provided by Skype.
Indian Internet Service Providers are upbeat about Worldwide Inter-operability for Microwave Access (WiMAX) as a solution for the country's last-mile connectivity problems.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Videsh Sanchar Nigam Ltd, the Internet services provider, has launched a corporate data product, 'Tata Indicom Bandwidth-On-Demand' for its leased line customers in the country.
The restrictions under section 144 of the Code of Criminal Procedure are in place since lockdown began.
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The ban will be in place for a month or till further orders, whichever is earlier, said an order issued by Principal Secretary Home R K Goyal.
Nearly 650 people have been killed in the recent unrest in Bangladesh between July 16 and August 11, the United Nations Human Rights Office has said in a preliminary report, suggesting a thorough, impartial and transparent investigation into reports of extrajudicial killings, arbitrary arrests and detentions.
While AOL Chief Operating Officer Ron Grant is himself coming down to Bangalore to officially kick off the Indian face on Thursday, Yahoo!'s soft-spoken co-founder David Filo is set to announce a series of India-specific products tomorrow.
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Mark Zuckerberg on Friday said universal connectivity and net neutrality "can and must" coexist.
An open and free internet is a key contributing factor to innovation in the digital economy.
With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.
Over seven months of violence severely hit businesses, schools, colleges and other institutions, besides disrupting transportation and communication networks. It also affected the agrarian sector, considered the mainstay of the state economy.
According to VNI, Internet traffic in India is projected to jump by over five fold between 2013 to 2018.
A DoT panel has backed net neutrality and made some recommendations to push the cause
A VSNL statement at the Bombay Stock Exchange said that the completion of the transaction is subject to a number of conditions precedent and is expected to be over in next few weeks.
At least two policemen were killed and many others injured when Pakistani Taliban militants seized a counter-terrorism centre and took some people hostage in the Bannu district of Pakistan's troubled Khyber Pakhtunkhwa province.
Google on Tuesday began reinstating about 250 Indian apps it had delisted from its Play Store over a billing dispute as it caved in to government criticism, but the squabble may not yet be over.
They said protests took place at around a dozen places in which several protesters were injured.
The Supreme Court on Friday said the trial in the Manipur violence cases being probed by the Central Bureau of Investigation (CBI) will take place in neighbouring Assam and asked the Chief Justice of the Gauhati high court to nominate one or more judicial officers to deal with the matters.
Tejas Networks, a telecom and network firm, on Thursday said an arm of Tata Sons will acquire controlling stake in it for nearly Rs 1,890 crore in a multi-step deal. The company has executed definitive agreements with Panatone Finvest, a subsidiary of Tata Sons (Tata group holding firm), it said in a statement. As part of the agreement, the company will make a preferential allotment of 1.94 crore equity shares at a price per equity share of Rs 258 per share aggregating to Rs 500 crore to Panatone.
Internet services provider Sify Ltd plans to seek shareholder approval to convert 3.6 to 4.6 million shares into American Depository Shares, it said in a filing with the US Securities and Exchange Commission.
Telecom Regulatory Authority of India on Tuesday directed the cellular and basic telecom operators to provide accessibility to Internet services for cellular subscribers.
Google uses solar panel and wind to power electronic equipment in the balloon throughout the day.
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