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Articles tagged with: Vodafone Essar
Ericsson completes live network upgrade for Vodafone Essar
Ericsson says that it has completed the world's largest upgrade of a live mobile network, and done it at a record pace. To improve quality of service for more than 13 million Vodafone Essar subscribers in India's four key zones including three large metro cities, Ericsson replaced more than 10,500 of the operator's GSM radio sites, reaching a peak rate of one site every minute. more
Idea Cellular Gets Approval for Tower Separation
India's Idea Cellular has received approval from its shareholders to split off its tower assets into a separate company, Idea Cellular Towers Infrastructure. The new company, which will manage Idea's 11,000 towers will now be merged with Indus Towers, the three-way joint venture with Bharti Airtel and Vodafone Essar. more
Related Tags: idea-cellular, indus-towers, bharti-airtel, passive-infrastructure, towers, India
Nokia Siemens Networks Completes Initial Vodafone India Upgrades
Nokia Siemens Networks says that it has completed the first phase of a network upgrade for Vodafone Essar in India. The upgraded network covers seven regions across India, Assam, Bihar, Himachal Pradesh, Jammu & Kashmir, Madhya Pradesh, North East and Orissa. more
Related Tags: nokia-siemens-networks, siemens, partner, nokia-siemens, jammu, India
Essar Group Moves its Vodafone Shareholding into Holding Company
India's Essar Group is reported to have moved part of its 33% stake in Vodafone Essar to a new stand-alone company with the intention to use it as collateral for fund raising purposes. A person privy to the development told the Economic Times that the diversified Essar group has transferred a 10.97% stake from its telecom arm Essar Teleholdings to a newly-created firm ETHL Communications Holdings. more
Related Tags: essar-group, loop-mobile, essar, India
Vodafone Essar Told to Stop Cricket Promotion
The International Cricket Council (ICC) has asked Vodafone's Indian subsidiary to stop its World Twenty20 promotion campaign and stop using the organisation logos on its marketing materials. The ICC has warned that it might take legal action if necessary. more
Related Tags: cricket, essar, India
Hutchison Warns Off Possible Indian Tax Liability in Sale to Vodafone
Hutchison Telecom International has accepted that it might have to make some payments in regards to the ongoing tax dispute in India over the sale of its stake in Hutchison Essar to Vodafone in May 2007. Although the transaction technically occurred outside India, the government has been suing Vodafone for up to US$2 billion in sales tax that it claims is owed to it. more
Related Tags: hutchison-telecom-international, hutchison, essar, vodafone, cgp-investments, tax, hutchison-essar, India
Fitch Revises Vodafone's Outlook to Negative
Fitch Ratings has changed Vodafone's Issuer Default Ratings outlook to negative, although it affirmed the company's current ratings for long-term Issuer Default (IDR) and senior unsecured ratings at 'A-' (A minus) and Short-term IDR at 'F2'. more
Related Tags: fitch-ratings, vodafone, essar, fitch
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, mumbai, tax, hutchison, essar, India
Vodafone to Expand Ringback Tone Deal into Emerging Markets
Vodafone has signed a deal with India based OnMobile to offer ringback tones in its emerging markets. Currently, millions of Vodafone Essar customers in India use OnMobile's ring back tone service, which will be rolled out across Vodafone's other emerging markets from the Spring. more
Related Tags: eu, vodafone, ringback-tones, 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, tim, mtn, cdma, loop-telecom, bpl-mobile, essar-group, bharti, bharti-airtel, mtnl, mumbai, seven, maxis, essar, aircel, loop-mobile, India