Articles tagged with: Mumbai and Tim

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, ict, essar, loop-mobile, 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, tax, hutchison, essar, vodafone-essar, 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, mtn, cdma, loop-telecom, bpl-mobile, essar-group, bharti, bharti-airtel, mtnl, seven, maxis, essar, vodafone-essar, aircel, loop-mobile, India