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Latest Telecoms News from India
Vodafone's $2 Billion Indian Tax Battle Rumbles On
India's Income Tax department has issued a notice to Vodafone asking it to explain why the company feels that the Tax Department does not have the necessary jurisdiction to proceed with its tax liability claim against it. The tax liability relates to the US$11.2 billion purchase of Hutchison Essar in 2007....
Related Tags: hutchison-essar, vodafone, hutchison-telecom
Reliance Communications Quarterly Profit Halved
India's Reliance Communications (Rcom) has reported a more than halving in its fiscal second quarter profits to Rs. 740 crore ($154 million), compared to Rs 1,531 crore a year ago. ...
Related Tags: reliance-communications, rcom
SingTel Boosts Stake in India's Bharti Airtel
Singapore Telecommunications (SingTel) has announced that it is paying around US$393 million to increase its stake in India's Bharti Airtel to 31.95 percent from 30.43 percent currently. ...
Related Tags: singtel, bharti-airtel, temasek-holdings
India Bans PrePay Phones in Kashmir
India's Ministry of Home Affairs has announced that no pre-paid mobile connections should be issued and existing pre-paid SIM cards should not be renewed in Jammu & Kashmir from the beginning of next month....
Related Tags: jammu, kashmir, ministry-of-home-affairs, security
Bharti Airtel Profits Up but Misses Expectations
India's Bharti Airtel says that its 3rd-quarter net profits grew by 13% to Rs. 2,321 crore (US$493.8 million), while revenues were up by 9% to Rs.9,846 crore ($2.1 billion)....
Related Tags: bharti-airtel
Boosting Broadband Wireless Internet Access in Rural India
In support of the Indian Government's Bharat Nirman rural development agenda, BSNL, HCL and Intel have announced a series of wide-reaching initiatives to spur economic and educational opportunities in India by expanding access to wireless broadband Internet and affordable computers....
Related Tags: bsnl, hcl, intel, broadband
Idea Cellular Expands its Indian GSM Network
India's Idea Cellular has launched its GSM mobile services in Kolkata Metro and Rest of West Bengal, to become a pan-India player with 98% coverage of the telephony potential of the country....
Related Tags: idea-cellular, jammu
India's 3G License Auction to Take Place in January - Maybe
India's Department of Telecoms (DoT) has announced the latest dates for the country's oft-delayed 3G license auctions. The auction, which had been expected to take place in December, will now start on 14th January 2010....
Related Tags: department-of-telecom, 3g-license, bandwidth, jammu, radio
Telenor Gets Approval to Increase Indian Investment
India's Cabinet Committee of Economic Affairs (CCEA) has announced that greenfield operator, Unitech Wireless' application to increase its foreign shareholding up to 74% has been approved....
Related Tags: unitech-wireless, telenor, security
Tata Teleservices to Increase Network Investment by $1 Billion
India's Tata Teleservices says that it plans to increase the investment in its GSM network by 50% to cope with growing demand. The company has already earmarked US$2 billion and will now increase that by a further US$1 billion....
Related Tags: tata-teleservices, tata-docomo