250 million by end of 2007

The number of telecom subscribers in India will reach a staggering 250 million by end of 2007, according to Fitch Ratings in its latest report on ‘Indian Telecoms Sector – Sustainable Growth Ahead’. Over the medium term, Fitch anticipates the emergence of six operators BSNL, Bharti Airtel, Reliance Communications Limited, Hutchison Essar, Idea Cellular and [...]

Highest Ever Wireless Subscriber Growth in a month

October recorded the highest ever wireless (GSM, CDMA and WLL-F) subscriber growth in any single calendar month. The GSM segment added about 4.73 million subscribers, while CDMA segment added over 2 million users. Wireless segment added 6.71 million new users, taking the total wireless subscriber base to 136.22 million. Wireline subscribers declined by 0.19 million, [...]

Mobile2win gets $15 million from from Norwest, Nexus

ET reports that Mumbai-based mobile value added services (VAS) provider Mobile2win has received around $15 million funding from Norwest Venture Partners and Nexus India Capital. Pramod Haque promoted Norwest Venture Partners is one of the world’s largest VC firms, while Nexus India is founded eBay India (Baazee) co-founder Suvir Sujan. Mobile2win was set up in [...]

4.7 million GSM additions in October

GSM operators added record 4.7 million subscribers in October. All India GSM subscriber base has touched 96 million at the end of October. Category B witnessed the highest rate of growth at 6.3%Within Category B, MP and Haryana recorded the highest growth at 9.2% and 8.8%, respectively. Category C witnessed a growth rate of 6.2%Within [...]

Motorola opens R& D centre in Hyderabad

Motorola has opened a new research and development facility in Hyderabad. The new centre will house over 1,000 engineers and will develop software for an intelligent user interface for Motorola phones, work on technologies such as WiMax, network management and autonomics, security and high-availability platforms. Motorola set up its first R&D facility in India in [...]

HC stops BSNL from awarding GSM tender

Acting on a petition filed by Motorola, which was disqualified by BSNL on technical parameters from participating in the bidding of $4.7 billion GSM tender, the Delhi High Court has restrained BSNL from awarding any contract for its GSM network expansion till the next date of hearing on November 16. Earlier last month, BSNL had [...]

Bharti awards $400 mn contract to Nokia

India’s top mobile operator Bharti Airtel has announced yet another network outsourcing deal by awarding a $400 million contract to Nokia for expanding its managed GSM networks in eight circles of Mumbai, Maharashtra & Goa, Gujarat, Bihar, Orissa, Kolkata, West Bengal and Madhya Pradesh. “This will enable Bharti to focus on its core areas: product [...]

Nokia sells 4 lakh phones in a day

Nokia will always remember this Diwali. It sold 4 lakh phones all over India on October 19th; the most it has sold on a single day anywhere in the world. “It is even more than what Nokia has ever sold on any Chinese new year,

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 [...]

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 [...]

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