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Bharti Airtel has signed a deal with Kuwait's Zain Group to acquire the latter's African operations (except those in Morocco and Sudan). The $10.7 billion deal, including Zain's debt of $1.7 billion, Bharti ...
The FIPB has deferred the Essar Group's proposal to transfer its 49 T per cent holding in Essar Telecommunications Holding Private Limited (ETHPL) to Mauritius-based Essar Telecom India Limited The FIPB ...
MTNL has abandoned its bid to buy 74 per cent stake in Zambian operator Zamtel following BSNL's move to withdraw from the deal. MTNL and BSNL were to jointly bid for the stake.MTNL, which had bid MTNL ...
SSTL has been granted a Rs 5 billion loan by the Reserve Bank of India to fund its expansion plans. The loan amount will be used to fund the company's capital as well as operating expenses.SSTL, SSTL has ...
WTTIL has raised about Rs 2.75 billion through the sale of preference shares to the Infrastructure Development Finance Company (IDFC). WTTIL will primarily use these funds to roll out almost 35,000 WTTIL ...
The loss-making ITI Limited has not received any bids for three of its six production units that have been put up on sale by the government. Huawei Telecommunications India and Alcatel-Lucent, The loss-making ...
The special audit conducted on Bharti Airtel, in accordance with DoT's recommendations, has cleared the company of any fraud.The auditors, however, claim that the telecom operator has failed to The special ...
Idea Cellular's financials have been cleared by its special auditors Chhajed & Doshi. However, of the earlier proposed liability of Rs 740 million, it may still be required to pay Rs 260 million to Idea ...
US-based telecommunications service provider AT&T is planning to invest $1 billion in 2010 to upgrade its products and services, and expand its global network in India, China and Japan. In line with US-based ...
SSTL, under its MTS brand, has launched its green data centre in Chennai. The centre, spread over 17,000 square feet, has enhanced SSTL's hosting capabilities and will ensure high avail- ability in SSTL, ...
Qualcomm is reportedly in talks with network services provider GTL to form a joint venture (JV) for rolling out broadband wireless access services in India if it wins spectrum in the ongoing Qualcomm is ...
Telekom Malaysia has commercially launched its high speed broadband (HSBB) network under the UniFi banner. The service will be offered as a bundled package including fixed line voice, high speed Telekom ...
Zambian mobile operator MTN Zambia is planning to invest $25 million in upgradation and expansion projects in 2010. The company intends to cover the whole country by August 2010. MTN Zambia, which Zambian ...
Russia-based telecom operator MegaFon has increased its stake in Ostelecom from 51 per cent to 75 per cent. Ostelecom provides mobile services in the South Ossetia region of the country.MegaFon Russia-based ...
SingTel Mobile and Ericsson have launched preliminary trials of long term evolution (LTE) mobile technology at the former's Comcentre headquarters in Singapore. According to the compa- nies, SingTel Mobile ...
Nokia Siemens Networks (NSN), Huawei and Ericsson have been selected by Australia's largest mobile phone company Telstra to carry out LTE technology trials. The trials, starting May 2010 will take Nokia ...
Zain Bahrain has conducted successful trials of LTE technology in the region, achieving data download speeds of 70 Mbps with a minimum latency of 15 milliseconds in a public LTE call. Zain has also Zain ...
Thailand's state-run operator TOT has awarded fibre optic and broadband access network expansion contracts worth $91 million to two domestic companies, the Forth Corporation and Jasmine Thailand's state-run ...
Bangladeshi telecom operator Banglalink, which is controlled by Egypt's Orascom Telecom, has raised $102 million through the country's largest corporate bond issuance. The amount is higher than the Bangladeshi ...
Chunghwa Telecom has selected network equipment manufacturers Zyxel Communications (along with system integrator HwaCom Systems) and D-Link for the supply of VDSL2 equipment.Reportedly, Zyxel and Chunghwa ...
The Commonwealth Bank of Australia has increased its holdings in China Telecom by purchasing 49.4 million shares at an average price of 3.555 yuan per share on March 26, 2010. With this, the bank has The ...
Motorola, Inc., which is rebuilding its mobile phone business around Google, Inc.'s Android software, has dropped the US- based internet company's search engine from some of its Android phones in Motorola, ...
China Mobile and the China Broadcast Corporation, a subsidiary of the State Administration of Radio, Film and Television (SARFT), have jointly launched commercial mobile TV services in the country China ...
UK-based Cable & Wireless has completed the demerger of its two business units ­ Cable & Wireless Worldwide (CWW) and Cable & Wireless Communications (formerly the CWI Group).The move is UK-based Cable ...
Vodafone Qatar has been awarded Qatar's second fixed line licence, subject to regulatory approval. The award of the licence had so far been delayed due to a lack of clarity over the company's own- Vodafone ...
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