TOM Online may exit Indiagames
Even as Indiagames is tapping the private equity market to raise about $25m for expansion, there are reports that its majority stake holder, China’s TOM Online, is looking to exit the company. TOM had invested $18-20 million for a majority stake in the company in 2004. Soon after it diluted its stake to 62%, with [...]
Cell site sharing
Reliance Communications is in talks with Bharti Airtel, Hutchison-Essar and Idea Cellular for an alliance to share infrastructure across the country. Industry experts say that about 25% to 35% of all cell sites in India can be shared at least by two operators. Its argued that the cost savings both in terms of capex as [...]
MTNL sees steep fall in operating profits
ET reports that MTNL’s operating profit for the year ’05-06 (Rs 166 crore) has become a fifth of the operating profit in ’04-05 (Rs 760 crore). The PSU had registered a net profit of Rs 580 crore for FY05-06, as compared with Rs 938 crore in the previous fiscal. The profits of MTNL are being [...]
Consumer adoption is the biggest challenge: PayMate
Mobile payments enabler PayMate has brought in Akshay Sharma as AVP – Marketing, PR & Brand Development. Akshay was Marketing Manager at MTV, where he was instrumental in executing projects such as the Lycra MTV Style Awards, MTV Youth Icon of the Year, Kitni Mast Hai Zindagi (MTV’s first ever TV serial). Prior to MTV, [...]
Event Alert: Mobile Gaming Conference
Second Annual Mobile Gaming Conference 2006 When: 12th & 13th of October 2006 Where: ITC Grand Maratha Sheraton & Towers, Mumbai Fees: Rs 24,500 + Taxes Click here for more details. The focus areas of this Conference are: Multiplayer & 3D Gaming for India Handset Manufacturer’s perspective VC Funding for Mobile Technology Advergaming: The next [...]
BSNL to launch sub-1000 handsets
BSNL is in talks with Taiwanese and Chinese handset manufacturers to launch a sub-Rs 1000 handset for the rural market. According to ET, BSNL has begun preliminary talks with Taiwan’s Compal and China’s TCL Communication Technology (TCT) for a single chip GSM handset. “The mobiles will be based on single-chip technology. The SIM card will [...]
Sasken on a global growth path
Bangalore-based Sasken Communication Technologies is all set to announce an acquisition in the next 45 days. President and COO Srikanth Kannankote, declined details but said that the company needs to establish a base in North America. The acquisition is likely to be in the area of handset technology or infrastructure services. Sasken has charted an [...]
Mobile is the iPod of India
My latest post on Technology Walla is about the proliferation of India-centric podcast content and services. Any technology innovation generally starts with content and services in the technology category, moving outwards to entertainment, spreading to politics / current affairs and then becoming mainstream. I think mobile will be the device of choice for podcasting in [...]
News in Brief
July Systems patents personalization tool for mobile phonesJuly’s Application Intermediation Gateway (AIG) is part of its mobile service delivery platform, which enables real-time personalization of mobile content services based on subscriber’s history, preferences etc. Subex Azure secures $6.5m in new ordersThe merged entity targets product revenue of $53 million in this fiscal. Airtel ties up [...]
African Safari
Bharti and MTNL will bid for the second national telecom operator (SNO) licence in Africa’s third largest economy Kenya. Other qualified bidders include France Telecom, Telkom of South Africa and Emirates Telecommunications Corp. The successful bidder will be offered one licence for all services – cellular, internet backbone, international voice gateway, commercial VSAT and national [...]
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