Having lost the battle for Hutchison Essar, Anil Ambani-controlled Reliance Communications is drawing up plans to invest up to $2.5 billion.
India's booming mobile services market will see investments of over Rs 100,000 crore (around $24 billion) by 2010, the fastest investment ramp-up seen in any telecom market globally even as analysts predict a bruising battle that will see tariffs fall sharply.
Bharti Airtel announced on Tuesday it would hive off its mobile tower and infrastructure business into a 100 per cent subsidiary.
The Reliance decision was challenged by various GSM-mobile phone firms and there is an attempt to create a split in their ranks -- Maxis Aircel has already withdrawn from the court case, and it is likely another one or two firms will follow as they've been made to believe this improves their chances of getting spectrum.
Telecom service provider Reliance Communications on Monday introduced two new Classic colour phones with FM radio, aiming to tap a higher market share in this segment.
According to reports, the deal, if successful, could fetch Hutchison as much as $14 billion and would be Asia's largest private equity deal.
US-based Qualcomm, the dominant supplier of the chips that drive code division multiple access mobile phones, and Reliance Communications have agreed to expand the use of the technology in India.
RJio's LYF, Videocon and other smartphone makers to also get notices
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
The Reliance Anil Dhirubhai group is setting up a DVD and VCD rental and distribution business, leveraging a range of delivery channels from retail stores, the internet and mobile phones.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
The CDMA-based mobile subscriber base of private operators touched 80.68 lakh (8.06 million), adding 343,000 customers in June this year.
DoT though failed to implement TRAI's recommendations to levy spectrum usage charge
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.
Nokia launches Nokia 7 Plus, 8 Sirocco series in India; relaunches Nokia 6 with new features.
The long-overdue consolidation makes indebted RCom an even more attractive partner for a soon-to-launch upstart led by older brother Mukesh.
Consolidated net debt of Airtel increased by 24 per cent to Rs 97,395.2 crore.
Company targets sale of one million handsets a year.
Experts say, these leave many matters to the discretionary powers of bureaucrats, rather than providing them explicitly in the rules.
Some BCCI officials are of the view that unless VIVO backs out on its own in prevailing circumstances, the board should honour the remainder of the contract, which ends in 2022.
LG Electronics on Friday introduced its ultra-light weight CDMA mobile handset 'LG RD 2330' in the domestic market.
In a move that could bring down prices of CDMA handsets further, Qualcomm Inc has licensed Himachal Futuristic Communications Ltd to manufacture 3G CDMA2000 mobile handsets, fixed-wireless phones and line modem cards.
Experts say going ahead data price will fall further due to competition
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
For Rs 39, customers can talk for 300 minutes anywhere in India and worldwide
India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.
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SBI will hold 30 per cent in RIL joint venture
Arun Sarin is the chief executive officer of Vodafone Group Plc, the United Kingdom-based global mobile operator.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
The revival of feature phones in India is driven by low-cost access to the internet, but the 'dumb phones' are learning to get smart and create a niche, says Veer Arjun Singh.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
The interconnection charge has been reduced.
Jio announces an array of communication and entertainment devices.
According to the quality of service rules, not more than 2 per cent of total calls in a telecom circle on a network should automatically get disconnected.
In a setback to telecom service providers, the Supreme Court on Thursday allowed the Centre's plea to recover adjusted gross revenue (AGR) of about Rs 92,000 crore from them.
Airtel, Vodafone, Idea, RCom, Reliance Jiosubmitted applications.
For existing customers, he announced that the current benefits will continue under a new tariff plan for another 12 months by payment of Rs 303 per month and a one-time joining fee of Rs 99.
Modi ranks 9th on the Forbes list of 74 of the World's Most Powerful People.
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