Mobile user base touches 156.3 mn

India added 6.8 million new mobile users in January to take the total mobile user base to 156.3 million. GSM subscriber base increased by more than 5 million, while CDMA operators added 1.8 million (including WLL-fixed) users.
Within the Category C circles, the highest growth was recorded by Assam (8.3%) followed by North East at (6.8%).
Within [...]

Vodafone bags Hutch for $19 billion

Vodafone has acquired Hutch for an estimated enterprise value of over US $19 billion (Rs 85,000 crores). Vodafone is the world’s largest mobile phone group by revenue and Hutch is India’s fourth largest mobile operator.
CNN-IBN reports that Vodaphone has offered Essar to become a partner firm. Essar welcomed the offer and said it is indeed [...]