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Archive for the 'Telecom' Category

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Indian Govt to Auction 4G Spectrum By The End Of This Year: Sibal

India is looking for establishing herself in the business of 4th generation mobile network by selling 4G spectrum by the end of this year, and is planning to off sell radio waves for 2G spectrum, announced by Union Telecommunication Minister Kapil Sibbal. Kapil Sibbal “By the end of the year, we are planning to auction […]

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RCOM pays $1.18bn to exchange Foreign Currency Convertible Bonds

India’s one of the most popular telecommunication companies, Reliance Communication paid $ 1.18 billion in order to redeem the Foreign Currency Convertible Bonds. The redemption amount is inclusive of the premium of 27.69%. Reliance Communications  The Anil Ambani Group recently signed agreements with three Chinese Banks to refinance its debts. The refinancing agreement has been […]

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RIM Sets Up BlackBerry Server In India, Finally

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BlackBerry has successfully set up its new server in Mumbai. A lot of controversies have taken place about this decision previously. However there is intense pressure from the government on BlackBerry Company, to provide a mechanism for lawful interception of its messenger services. These servers have been thoroughly inspected by a team of officers appointed […]

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Airtel Money Introduces Mobile Wallet Payments & Money Transfer Across India

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Bharati Airtel owned subsidiary Airtel M Commerce Services Limited (AMSL), today announced the plan to introduce airtel money – country’s first of its kind mobile wallet service by a mobile operator. Available across 300 key cities in India, Airtel Money is a fast, secure and simple money service that allows its users to load cash […]

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Reliance Infratel seeking to recover Rs 1,200 crore from Etisalat DB

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Reliance Infratel, Anil Ambani group company is seeking to recover Rs 1,200 crore from Etisalat DB, a joint venture between Etisalat of United Arab Emirates and Dynamix Balwas Group of India which had taken its telecom infrastructure on lease. On the very situation, Telecom tribunal TDSAT today issued a notice to Etisalat DB. Etilasat is […]

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2G Spectrum: Etisalat Shuts Down Their Operations In India

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Abu Dhabi based, Etisalat decided to shut down their operations in India, after canceling the licenses by Supreme Court in 2G spectrum. The company said in an email that, “It’s a unanimous decision by the board of Etisalat to shut down their operations, as the licenses were canceled.” The company also included that, Supreme Court […]

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RCOM Chains In Stanchart, DBS For Flag Telecom IPO

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Reliance Communications registered themselves as the advisor for Stanchart and DBS for undersea cable unit Flag Telecom in Singapore which is a project of $ 1.5 billion (around Rs. 7, 500 crore). The IPO have involved RCOM selling as much as 75% stake for $1.5 billion in Flag Telecom, will be listed as a business […]

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Airtel Launches “Your Name Your Tune” Service – Hello Tune Personalized With Your Name

Airtel "Your Name Your Tune" Service

Bharti Airtel, a leading global telecommunications company with operations in 19 countries across Asia and Africa, today announced the launch of its all new ‘Name Tunes’ service which allows Airtel mobile customers to personalize their Hello Tune with their own name. With this, Airtel mobile customers can stamp their caller tune with their own identity […]

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