China’s ZTE bags Rs 560 cr BSNL order
Chinese major ZTE has won a Rs 560-crore order from the government-owned operator BSNL, for providing equipment and establishing a network of 25 lakh fixed wireless phones (FWP) using CDMA technology in rural India. BSNL is using wireless technology for providing telephone connections in villages as it is cost effective and easy to install. “We [...]
Idea net worth Rs 1,043 crore
The Aditya Birla group-owned GSM operator Idea Cellular has a net worth of Rs 1,042.92 crore, according to a filing of Idea with the department of telecommunications (DoT). Tatas had sold off 48.14% stake in Idea for Rs 4,406 crore at Rs 40.50 a share, putting the company’s valuation at Rs 9,152 crore. Meanwhile, DoT [...]
IMImobile bags Yahoo! deal
VAS technology provider, IMImobile has bagged a contract for providing short code-based technology to Yahoo! in West Asia and Africa, enabling users to download mobile content. According to Business Standard, the deal is slated to be one of the largest contract bagged by any Indian VAS technology provider in terms of size. The services will [...]
Tech Mahindra and Motorola announce JV
Tech Mahindra and Motorola have announced a joint venture called CanvasM to develop and deliver application solutions for global network providers and enterprises. CanvasM will implement end-user applications and content services, consistent service creation, and a delivery and management framework utilizing Motorola’s Global Applications Management Architecture (GAMA). The portfolio includes messaging, location-based services, entertainment, e-commerce [...]
Tech Mahindra IPO oversubscribed
Whether its through Private equity or Primary market, money is pouring into the telecom industry. The IPO of Tech Mahindra (formerly Mahindra British Telecom), a provider of IT solutions to telecom companies, was oversubscribed 72 times when it closed on August 4. Tech Mahindra is one of the top 10 software exports companies in India. [...]
Airtel inks $100-mn deal with IBM
Airtel has announced a 100-million dollar deal with software major IBM for developing, managing and operating its service delivery platform. The implementation of the service delivery platform will enable Bharti Airtel to have an integrated environment that will incorporate all of Airtel’s content and applications services under one platform. Airtel’s customers can now get the [...]
Bharti, Reliance ARPU static
After continuous drops in the past few quarters, ARPU of Airtel and Reliance remained stable in the quarter ended June 30. Bharti’s wireless ARPU remained stable at Rs 441 in the first quarter compared with Rs 442 in the previous quarter. Reliance Communications reported a marginal growth in wireless ARPU to Rs 379 in the [...]
Wipro, Motorola to invest $20 mn in telecom JV
Wipro Technologies and Motorola will jointly invest around $20 million in WMNetServ, a newly-formed joint venture for telecom outsourced services. Wipro will hold a majority stake in the JV and deliver services on an end-to-end basis, while Motorola will bring in the clients. The JV would also focus on Motorola’s existing client base, offer solutions [...]
Essar calls off BPL Mumbai sale to Hutch
The Essar group has called off a proposed merger of BPL’s operations in Mumbai with Hutchison Essar citing non-receipt of government approvals. The share purchase agreement signed between BPL Mobile and Hutchison Essar was conditional on the parties receiving DoT approvals by July 31. Since the approvals were not received until this date, the purchase [...]
« go back



