The World fourth largest mobile phone by customers, Bharti Airtel announced that Sanjay Kapoor, CEO of India and South Asia domestic operations of Airtel group has resigned. Read more
Tag: Telecom
Telenor, Tata Teleservices in talks to merge Indian biz
Norway’s largest telecom operator, Telenor is in talks with Tata Teleservices to merge its Indian operations seeking to get its targeted point in the Indian mobile phone market over 900 million customers.
As per close sources with direct knowledge of the matter, Telenor which seeks to take a majority stake in the merged entity would become the top fifth mobile phone company in India, source said.
Meanwhile, India’s Tata Group will cut off its stake in unlisted Tata Teleservices and Japan’s NTT Docomo which have 26% stake in Tata Teleservices, Read more
Cabinet clears one-time spectrum fee
The Union Cabinet headed by Prime Minister Manmohan Singh has today permits the grant of the Empowered Group of Ministers’ decision of one-time spectrum fee for all existing telecom companies.
Now as per recommendations of the Empowered Group of Ministers, all the mobile operators may have to pay one time spectrum charge which will be only for GSM operators, not CDMA as no bidders for CDMA auction is available. Read more
Tata Tele exit, no bidder for CDMA auction
Videocon withdrawal from CDMA upcoming cellphone airwaves auction left Indian government with loss as no bidder for auction after Tata Teleservices also has drop out its application from the 800MHz band bidding auction process due to having huge cost.
“Now there is no bidder left for CDMA. We will have to take a call on what to do,” government official told media persons. Read more
