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 [...]

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, [...]

Gopal Vittal joins Airtel as MarCom director

Bharti Airtel has announced the appointment of Gopal Vittal as director, Marketing and Communication and Carol Borghesi as director – Customer Service Delivery. They will report to Manoj Kohli

Wipro to develop software for 3G Nokia handset

Wipro is undertaking a major part of the software development for a 3G handset that Nokia is planning to launch next year. The company had entered into an agreement with Nokia to provide smartphone development and integration services. Under the recent agreement signed between Nokia and Wipro Technologies, a team of senior software engineers from [...]

Telecom subscribers growth inches towards 6 million

According this report released by TRAI today, 5.94 million subscribers were added in August as compared to 4.94 million net additions during July 2006. It may be noted that the WLL (Fixed) subscribers of all the operators are now being considered as mobile subscribers in view of clarification issued by DoT and accordingly the mobile [...]

OnMobile set to raise $35 mn

OnMobile is expected to a get around $35 million in its third round of funding from Goldman Sachs, Deutsche Bank and two more private equity players, according to ET. Investors are believed to have valued the company at $270m. For a company with little over $10 million in revenues (Rs 50 crores) the valuation is [...]

Mobile companies in Red Herring list

Heres a list of Indian telecom companies part of the “Red Herring Asia 100” – an award programme that recognises the most promising private technology companies in Asia. ACL Wireless AreTec ClearTrail ConvergeLabs Coruscant Tec Encore Software Jataayu Mauj Midas Mobile2win MyZus TELiBRAHMA

Tech Mahindra bags international orders

Its raining deals for Tech Mahindra, an IT solutions provider to telecom companies. The company is in the news for bagging some large international deals. Digicel deal: It will provide the platform for running mobile virtual network operator services to Caribbean’s largest mobile service provider Digicel. As per the contract, Tech Mahindra will provide integrated [...]

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