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Articles tagged with: Essar and Mumbai
Indian Operator at Risk of Losing Telecoms License
The telecoms license held by India's Loop Telecom may be at risk after the ministry of corporate affairs (MCA) has asked the communications ministry to investigate if the shareholders violate the law on cross company ownership. more
Related Tags: loop-telecom, vodafone, bpl-mobile, essar-group, ovi, zte, tim, ict, loop-mobile, communications-ministry, India
Vodafone Raises Debt for Indian Expansion
Vodafone essar, the company's Indian subsidiary is reported to have sucessfully raised around Rs 10,000 crore (US$2 billion) in a 5-year debt financing for network expansion and the forthcoming 3G license auction. The loan was arranged by the State Bank of India Capital Markets. more
Related Tags: , 3g, ict, vodafone, 3g-license, tim, tax, hutchison, vodafone-essar, court, auction, India
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, bharti-airtel, mtnl, seven, maxis, vodafone-essar, aircel, loop-mobile, hutch, airtel, tata, India
Vodafone Raising Funds for India's 3G Auction
Vodafone essar is reported to be currently trying to raise US$2 billion as a bridging loan to finance its bids in the country's delayed 3G and WiMAX auctions. The current reserve price for the 3G auction is US$412 million to cover all the available circles - although the auction has been delayed as the Finance Ministry is battling to double the reserve to at least US$824 million. more
Related Tags: wimax, vodafone, wall-street-journal, hutchison-telecom, tax, hutchison, court, auction, India
Vodafone Seeking Damages From Indian Partner
India's Vodafone essar is seeking damages of around Rs 1,100 crore (US$252 million) from the essar Group for not transferring shares in Mumbai based BPL Mobile to the company. As part of Vodafone's move into the Indian market, the company agreed to buy BPL Mobile from the Ruias of the essar Group and merge it with Vodafone essar. more
Related Tags: loop-telecom, bpl-mobile, essar-group, vodafone-essar, hutch, 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, bharti-airtel, vodafone-essar, airtel, 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, bharti-airtel, hutchison, vodafone-essar, cricket, vodafone-group, farmers, bollywood, airtel, virgin, barcelona, India
Police Recover Over 130 BlackBerry's from Criminal Gang
Police officers from the Narpoli police station in India's Maharashtra State, just outside Mumbai have arrested a criminal gang which were involved in several robberies in the area. The police recovered a total of 131 BlackBerry phones from the robbers. more
Related Tags: blackberry, maharashtra, vodafone-essar, police, 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, maharashtra, vodafone-essar, aircel, idea-cellular, India
Vodafone Planning Huge Indian Network Expansion
The newspaper reports that according to sources, Nokia Siemens Networks is likely to be the principal supplier of network electronics such as base tower stations (BTS), base station controllers (BSC) and transcoders in 12 out of Vodafone essar's 16 existing circles. Motorola, in turn is slated to supply BTSs, BSCs and transcoders in the company's Delhi, Mumbai, Kolkata and Punjab circles. As for mobile switching centres (MSC), Nokia Siemens will supply to almost all existing Vodafone essar circles, with the exception of Mumbai metro circle where the MSCs will be supplied by Ericsson. more
Related Tags: nokia-siemens-networks, radio-spectrum, vodafone-essar, kolkata, tower, punjab, motorola,
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