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Articles tagged with: Essar and Bharti Airtel
India's Aircel Reported to be in Talks to Buy Loop Mobile
India's Aircel Cellular is reported to be in talks to buy Mumbai based Loop Mobile (formerly BPL Mobile), which is owned by the Ruias of the essar group. Both companies have been holding discussions for around seven months now, two people familiar with the discussions told the Economic Times. more
Related Tags: , ict, vodafone, tim, mtn, cdma, loop-telecom, bpl-mobile, essar-group, bharti, mtnl, mumbai, seven, maxis, vodafone-essar, aircel, loop-mobile, India
India Added a Record 7.7 Million GSM Subcribers in October
India's GSM networks added a record breaking 7.7 million net customers in October - reports the Cellular Operators' Association of India (COAI). The total GSM base now stands at 241.4 million as at the end of last month. more
Related Tags: vodafone, cdma, reliance, bharti, vodafone-essar, India
Bharti Airtel Adds 2.31 Million Mobile Phone Users in March
MUMBAI -(Dow Jones)- Indian telecommunications operator Bharti Airtel added 2.31 million mobile phone subscribers in March, industry data showed Friday. more
Related Tags: bharti, mumbai, vodafone-essar, India
FOCUS: India Bet Becomes a Sure Thing for Global Mobile Operators
LONDON (Dow Jones) -- When Vodafone Group forked out $13 billion for a majority stake in India's No. 4 mobile operator, Hutchison essar, a year ago, many feared the British giant had overpaid for an investment that would take years to yield a return. more
Related Tags: sony-ericsson, huawei, virgin-mobile, zte, abi-research, gartner, arpu, samsung, lg, bharti, sony, sharp, text-messages, london, mumbai, hutchison, vodafone-essar, cricket, vodafone-group, India
UPDATE: Vodafone India Unveils Cost Cuts, IBM Deal
(Adds detail and comment). more
Related Tags: asia-pacific, qatar-telecom, etisalat, ibm, zte, outsourcing, bharti, london, arun-sarin, hutchison, vodafone-essar, idea-cellular, vodafone-group, indus-towers, emirates, laptop, towers, hutchison-essar, India
Vodafone Debt Ratings Downgraded
The debt ratings service, Moody's has downgraded the ratings of Vodafone Group to Baa1, from A3 following the announcement that Vodafone had completed the acquisition of a controlling 67% interest in Hutchison essar for a cash consideration of $10.9 billion, and the assumption of net debt of approximately $2 billion. The Prime-2 short-term rating, which was not under review, was affirmed. The outlook is stable. more
Related Tags: termination-rates, bharti, hutchison, debt-ratings, infrastructure-sharing, hutchison-essar
India Bharti Airtel Adds 1.7 Million Mobile Subscribers In March
NEW DELHI -(Dow Jones)- India's largest telecommunications operator by number of subscribers Bharti Airtel has added 1.70 million mobile phone subscribers in March, industry data showed Wednesday. more
Related Tags: bharti, delhi, idea-cellular
Vodafone Wins Battle for India's Hutch Essar
Vodafone announced late last night that it had won the battle for of India's Hutch essar. Vodafone also announces that it has signed a memorandum of understanding with Bharti Airtel on infrastructure sharing and that it has granted an option to a Bharti group company to buy its 5.6% direct interest in Bharti. more
Related Tags: capex, essar-group, bharti, hutchison-telecom, hutchison, infrastructure-sharing
Vodafone CEO: Strict Criteria For Hutchison Essar Bid
LONDON -(Dow Jones)- Vodafone Group Chief Executive Arun Sarin Wednesday said the company would take strict criteria into account when bidding for Indian operator Hutchison essar. more
Related Tags: essar-group, bharti, arun-sarin, hutchison, infrastructure-sharing
India's Reliance Has 4 Private Equity Partners - Source
HONG KONG -(Dow Jones)- India's Reliance Communications, which confirmed recently it is eyeing an acquisition of Hutchison essar, has received support from four private-equity firms in a bid for the Indian mobile phone operator, a person familiar with the situation said Friday. more
Related Tags: li-ka-shing, reliance-communications, essar-group, texas, orascom-telecom, reliance, bharti, maxis, maxis-communications, hutchison-essar