The ADAG owned Reliance Communications Ltd, launched its nationwide GSM mobile telephone services in the country. Spanning across 11,000 towns and 340,000 villages the service has been launched with a capital investment of Rs 10,000 crore. Apparently the project was completed six months back but launched today.
Finally after all the apprehensions and speculations 3G has got the green signal in India. The Prime Minister Manmohan Singh inaugurated the much-awaited third generation phone services in India offered by state-owned Mahanagar Telephone Nigam Ltd (MTNL). Presently it is only been offered to customers in Delhi.
India is gearing up for the iPhone launch and it seems no less than the cliché climax of a Bollywood thriller. All pop and no fizz. The product has been packaged and marketed in a wondrous fashion. And Bharati Airtel and Vodafone do not fail to add a pinch of suspense in terms of the [...]
Idea Cellular seems to be in a fix. The Department of Telecom (DoT) has asked Idea Cellular to surrender its license held in Karnataka and Punjab. Idea Cellular got hold of licenses in the two circles after its acquisition of Spice Communication in June. The best part is that though Idea Cellular is ready to [...]
The conniving internet industry does not believe in sharing the content of any contracts made in terms of partnerships, acquisitions or cross-marketing deals. This helps internet companies in negotiating pricing with other customers. But Yahoo and Google have taken an unusual step of sharing excerpts of their contract. Critics and market gurus believe the deal [...]
The new intra-circle laws issued (on 22nd April 2008) by the Government prohibits intra-circle mergers for a period of three years. With operations in 9 circles Idea overlaps Spices’ operations in Karnataka and Punjab. And according to telecom M&A guidelines no mergers are allowed for a period of three years. Idea ended up paying a [...]
Spice Communications’ (Spice) buyout by Idea Cellular Ltd (Idea) does not seem to affect the Indian mobile phone market. But the deal works wonders for the Birla group as it finally finds a firm grip in a few significant markets.
