Providence acquires 16% in Idea

US-based private equity firm Providence Equity Partners has bought 16% in Idea Cellular for $400 million (approx Rs 1,850 crore), reports ET. Idea is the sixth-largest wireless operator in the country with a subscriber base of over 10 million. The deal values Idea at about $2.5 billion or Rs 11,500 crore versus the Rs 9,152 [...]

Event Alert: Mobile Asia 2006

Mobile Asia 2006 Exhibition of mobile phone handsets When: October 13-16, 2006 Where: Pragati Maidan, New Delhi Click here for more details.

Ericsson and Nokia likely to bag BSNL tender

Swedish telecom equipment manufacturer Ericsson is likely to bag 60% of the $4.7 billion GSM tender, with Nokia expected to end up with the rest after bids for the 45.5 million lines floated by state-owned Bharat Sanchar Nigam Ltd (BSNL) were opened yesterday. Ericsson quoted the lowest price of $107 per line, while Nokia quoted [...]

Nokia headcount in India rises to 5500

Nokia’s headcount in India has increased 12-fold to 5500 from just 450 two years back. Its manufacturing facility in Chennai alone employs about 3500 people. Nokia achieved a milestone as it produced 10 million mobile phones from its Chennai facility in August, within eight months of its launch of operations in January this year. Olli-Pekka [...]

ARPU declines further

The average revenue per user (ARPU) of GSM subscribers during the quarter ending June 2006 stood at Rs 352 per month. This is a decline of 3.9% over previous quarter from Rs 366 per month. For CDMA subscribers, the ARPU for the June quarter stood Rs 228. The all-India blended revenue realization per minute for [...]

Record 6.1 million mobile additions in Sep

The Indian mobile growth engine is in full steam. Every month is a new record. September witnessed the highest ever mobile subscriber additions, with 4.4 million new GSM subscribers and 1.7 million new CDMA subscribers, taking the total mobile subscriber base to 112.15 million. The total subscriber base (fixed and mobile) reached 153.42 million. In [...]

Blogs are mightier than typeset!

Indian mainstream media has discovered blogs. Thats the topic of my latest post in Technology Walla. The touted goal of these media blog sites is – “Citizen Journalism”. But for that to spread in India, mobile has to be the device of choice for blogging and not PC. With cameras and Internet-enabled mobiles becoming ubiquitous, [...]

Nazara to get second round of funding

Mobile content developer Nazara Technologies is close to receiving $5-$7m funding from a venture capital outfit, reports ET. The deal may close before the end of this year. Sequoia Capital is among the VC funds likely to invest in the company. In October ’05, Nazara got its first funding of $1.5m from Westbridge Capital Partners, [...]

Event Alert: MoMo Mumbai – October

The October 9th event of Mobile Monday Mumbai is on the theme “Mobile Radio”. Topics: Internet Radio on Mobilesby Atul Chitnis, Senior VP – Product Technology & Strategy, Geodesic Visual Radioby Asha Ambike, Business Manager – Broadcast Services, Hutch When: Monday, October 9th, 2006 6.30 pm – 9.30 pm Where: Kohinoor Continental Hotel, Andheri East, [...]

BharatMatrimony.com to launch a mobile portal

Business Standard reports that leading Indian Matrimony service provider, BharatMatrimony.com is planning to launch a portal for mobiles. The portal will have a range of services including news, mobile downloads, digital applications, vendor information, handset cost comparison etc. The company has also acquired a short code

« go back — keep looking »