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Articles tagged with: Essar and Idea Cellular
Private Equity Group Invests in Indian Mobile Operator
The private equity group, Providence Equity Partners has taken a twenty percent stake in Aditya Birla Telecom (ABTL) - a wholly-owned subsidiary of India's Idea Cellular - for US$640 million. ABTL owns the telecom mobile license for the Bihar service area and will hold a 16 per cent stake in Indus Towers, the company's tower subsidiary which is co-owned by Vodafone essar and Bharti Airtel. more
Related Tags: bharti, maharashtra, vodafone-essar, passive-infrastructure, jharkhand, bihar, towers, tower, orissa, providence-equity, India
Indian Operator Planning $250 Million Network Expansion Spend
India's Idea Cellular says that it plans to spend Rs 1000 crore (US$250 million) expanding its network in the western state of Gujarat. Idea, part of Aditya Birla Group, operates in 11 of India's 23 telecom circles. more
Related Tags: bharti, passive-infrastructure, towers, tower, bharti-infratel, India
Indian Government Close to Releasing Withheld 2G Spectrum
India's Department of Telecom (DoT) has given an in principle clearance for Idea Cellular, Vodafone essar and Aircel to be granted the outstanding 2G spectrum where they currently hold licences, a DoT source told The Economic Times. Currently the operators all hold licenses in some circles, but have not been able to launch their services until the spectrum was released to them. more
Related Tags: department-of-telecom, mumbai, maharashtra, vodafone-essar, aircel, 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, bharti-airtel, arun-sarin, hutchison, vodafone-essar, vodafone-group, indus-towers, emirates, laptop, towers, hutchison-essar, tower, pace, data-center, airtel, India
Vodafone, Bharti and Idea Confirm Merging Indian Tower Ops
As has been widely rumoured over the past few weeks, India's Vodafone essar, Bharti Infratel and Idea Cellular have confirmed plans to merge their tower operations into a single company. The new company, Indus Towers will provide passive infrastructure services in India to all operators on a non-discriminatory basis. more
Related Tags: reliance-communications, ran, reliance, bharti, backhaul, vodafone-essar, indus-towers, passive-infrastructure, towers, tower, antenna, India
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, bharti-airtel, delhi, airtel, new-delhi
Fitch Comments On Race For Hutchison Essar
The proposed sale of Hutchison Telecommunications International's 67% stake in Hutchison essar has drawn intense interest from international and domestic telecom operators, as well as financial investors. more
Related Tags: reliance-communications, essar-group, orascom-telecom, reliance, bharti, essar-teleholdings, hutchison, fitch, hutchison-essar, hutch, hutchison-telecommunications, tata
India Raises FDI Cap In Telecom Industry To 74%
NEW DELHI -(Dow Jones)- India's federal Cabinet late Thursday announced plans to raise the foreign investment cap in the country's telecommunications sector to 74% from 49% in one of the biggest reform moves of the coalition government. more
Related Tags: bharti, delhi, hutchison-whampoa, hutchison-telecommunications-international, hutchison-telecommunications
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