Reliance Communications on Tuesday said it had entered into a 90-day non-binding exclusivity period with Maxis Communications Berhad and Sindya Securities and Investments, shareholders of Aircel, to consider potential...
Micromax in tie-up with TranServ for mobile payments
Consumer electronics firm Micromax Informatics is set to offer mobile payment service to its consumers starting next month. The service is another step forward for the company, which is working on building a mobile...
Canada’s Shaw Communications to buy Wind Mobile for C$1.6 bln
Dec 16 Canadian cable-TV operator Shaw Communications Inc said it has agreed to buy Mid-Bowline Group Corp and its subsidiary Wind Mobile Corp for about C$1.6 billion ($1.2 billion). Wind is Canada’s largest non...
Microsoft India plans to partner with Airtel for 4G Data-bundling pact
KOLKATA: Microsoft India plans to sign a 4G data-bundling pact with India’s No 1 carrier Bharti AirtelBSE -0.92 % to encourage the latter’s customers to buy the recently launched Lumia 4G smartphones, a top...
Tata Communications to sell Neotel stake to Vodafone South Africa armSell
NEW DELHI: Tata CommunicationsBSE -0.54 % today said it has submitted documents for the restructured transaction for selling majority stake in its subsidiary Neotel’s fixed line assets to Vodafone’s South...
Reliance Jio may look to buy smaller telecom companies for more wavelength
MUMBAI: Reliance Jio Infocomm, which is set to start 4G services later this month, will look to acquire smaller telecom companies to gain market share and compete with incumbents, a senior executive said, signalling a...
Reliance Communications agrees to sell towers business to Sanjiv Ahuja-TPG combine
MUMBAI: Reliance CommunicationsBSE -3.11 % signed a non-binding agreement to sell its telecom towers to Sanjiv Ahuja-led Tillman Global Holdings and private equity buyout group TPG in a move that could alleviate the...
Airtel, Vodafone plan to buy Videocon spectrum
Bharti Airtel and Vodafone India might buy additional spectrum in three circles from Videocon due to their acute need of fourth generation (4G) technology based radio waves in Bihar, Uttar Pradesh (UP) East and Haryana...
Won’t go for Videocon-like deals in near future, says Idea Cellular
Idea Cellular stunned the telecommunications sector earlier this week by agreeing to pay Rs 3,310 crore to Videocon Telecommunications for the right to use spectrum in the 1800 MHz band in Gujarat and Uttar Pradesh West...
Telenor ahead in race to snap up Videocon 4G; deal talks confirmed by Videocon
KOLKATA: Norway’s Telenor has emerged the frontrunner to buy VideoconBSE 0.00 % Telecom’s 4G spectrum in the lucrative Uttar Pradesh (East) and Bihar circles in what could be the second spectrum trading deal...
