Sunil Mittal may not be able to sweet-talk this deal through so easily. From an outright acquisition, Bharti Airtel’s MTN gamble is now taking the shades of a merger with cash and stock as major components of the deal. This deal would be the first of its kind for an Indian company which is looking […]
AIRCEL IPO
Aircel, in which Malaysia’s Maxis Communications holds 74% block holding, has decided to raise $1.6 billion (Rs 6,400 crore) in short-term debt in a week. It will also come up with an initial public offer (IPO) in a year to fund its expansion plans. A 74:26 JV between Maxis Communications Berhard of Malaysia and […]
The Anil Ambani-controlled Reliance Communications has acquired 90 per cent stake in a UK-based WiMax operator, ‘eWave World’.
RCom intends to invest $500 million in eWave to build and acquire WiMax networks in the emerging markets of Asia, Europe, Latin America and Africa, Mr Punit Garg, CEO of Reliance Globalcom, the global arm of RCom, said […]
Bharti Airtel , India’s top mobile phone firm, may bid for South African telecommunications group MTN in what would be its biggest foreign acquisition, it was reported on Friday. The newspaper quoted an unidentified person familiar with the deliberations as saying that Bharti’s board members were in advanced discussions about its growth strategy, which had […]
Unitech Ltd has informed that the Department of Telecommunications, Ministry of Communications & Information Technology, Government of India (”DOT”) has vide its letter dated April 22, 2008 allotted to the Company’s subsidiary company, 4.4 MHz of Spectrum in 1800 MHz GSM band in Tamil Nadu Service Area including Chennai.
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Soon you could actually be dialling up to hear an advertisement on your cell phone. That’s because there’s money to be made at the other end of the line.
Chennai-based start-up Airvoice Infocomm Pvt Ltd has brought to the market a software called HapAd that enables a cell phone user to hear an advertisement and also […]
AT&T Eyes Maxis’s 74% Stake In Indian Telco Aircel: Report
It may be better to be late than never for American telco AT&T. After exiting India in 2004 by selling of its stake in Idea Cellular (then called Birla AT&T), the telecommunications giant is reportedly looking at re-entering the India’s fast growing mobile telephony market via […]
Datacom Solutions in talks with South African telecom major for investments, technology.
Datacom Solutions, promoted by consumer electronic goods maker Videocon Industries, is close to roping in South African telecom major MTN group as a partner for its GSM foray in the country.
According to sources, Datacom, which was scouting for a partner to bring in investments […]
Reliance Communications (RCom) is in talks with new CDMA licencee Shyam Sistema for leasing of both active and passive infrastructure across 12 circles in the country.
If signed, the contract would be valued at around Rs 5,000-6,000 crore and the first inter-operator deal in the CDMA space.
The companies are in discussions for a 10-year infrastructure sharing […]
Bharti Airtel on Tuesday said it has successfully tested 3G applications with various equipment suppliers and is all set to start services as and when the spectrum was allocated.
“We have tested 3G applications at three places - Delhi, Mumbai and Bangalore - on a trial indoor spectrum given to us,” Bharti Airtel President (Mobility) Sanjay […]
