Malaysia's leading telecom operator, Axiata, has backed out of its negotiations to pick up a substantial stake in broadband wireless access operator Tikona Digital.
Telecom major Alcatel-Lucent on Wednesday said they are in talks with various service providers, including Reliance Industries and Tikona Digital Networks for deploying infrastructure for mobile broadband services.
The framework for new licences will be ready by end of this financial year.
According to senior officials in the department of telecommunication 20 Mhz of spectrum has been given to the four firms -- Infotel, Bharti, Aircel and Tikona Digital, which have licences to offer services.
Telcos likely to get to switch from 2,300-MHz band for 4G services.
Gearing up for its pan-India 4G services launch in coming months, Reliance Jio Infocomm has approached the Department of Telecom for a network test conducted along with security agencies.
When, recently, Bharti Airtel announced a Rs 21,000 crore rights issue, analysts pointed out that its structure was similar to that of Reliance's issue in June 2020. One similarity is that shareholders in both companies have to pay only 25 per cent of the money on application. The rest is to be paid in two tranches. In Bharti Airtel's case, it is within 36 months; in Reliance Jio's, it is within 17 months.
Company has plans to launch its latest 4G enabled phone Lumia 830 priced at around Rs 26,000 before taxes by Oct.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
More than Guru Dronacharya, the cult of his wife, Kripi, runs stronger in Gurgaon.
