India Telecom News, Telecom Industry News, Telecommunication Companies India

IL&FS Trust: Sold 24.52 million shares (3.6%) since Dec-23
47% of the current promoter stake pledged with lenders
Satyam promoters holding down to 3.60% vs 5.13% earlier
Oct-Dec crude steel output at 1.5MT, up 17% (YoY)
Tata Steel sales decline 14% to 1.07MT
India likely to send representative for OPEC meet in Feb
SRSR Holding's stake down to 3.5% vs 5.13% in Satyam
Goldman Sachs cut China GDP forecast to 6%
Saregama India gets into big budget film production
Weak Q3 earnings reflecting current stock prices
Crude futures higher;breaches $50/bbl in day trade
Urgent OPEC meeting to take place in Kuwait in Feb
Strike not to hit operations of most refiners
Strike not to affect ONGC, Oil India output
December exports to fall 1.6% (YoY): Sources
Apr-Dec exports at $130bn vs $113bn (YoY): Sources
India FY'09 export seen at $175bn: NW
Rupee closes at 48.69/$ vs 48.56/$ on Monday
Meet to discuss the demand supply situation: Sources
Meet to discuss situation post Jan output cut: Sources
Meet to take stock of US leadership, eco policy: Srcs
Non-members participating in the meeting: Sources
India too likely to send representative for meet: Srcs
Emergency OPEC meeting to take place in Kuwait
Emergency OPEC meeting to take place in February
Don't expect RBI to put cap on reverse repo: NW
No rationale behind RBI cap on reverse repo: NW
Sensex closes up 60 pts; Nifty lower by 8 pts
Ambuja Cements up 9%, Grasim up 8%, M&M up 7.4%
ACC up 7%, Satyam up 7%, HDFC Bank up 5.3%

Updated: 06/01/09 | 02:53 PM IST

Telecom

Airtel launches BlackBerry Pearl Flip in India

Airtel and Research In Motion (RIM) on Tuesday announced the launch of BlackBerry Pearl Flipsmartphone in India, priced at Rs 21,990, expanding the choice for the users.

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Quippo buys 49% in Tata Tele tower arm

Tata Teleservices and Quippo Telecom has merged their passive infrastructure business, pursuant to which the combined entity will become the largest independently managed tower company in the country.

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Tata Tele to launch GSM services soon

Tata Teleservices on Monday said it will launch GSM service shortly, thereby following in the footsteps of Reliance Communications, which got into the arena last week.

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RCom starts GSM mobile services in Mumbai

In a move that could trigger another tariff war among mobile operators, Anil Ambani-led Reliance Communication on Sunday launched GSM services in Mumbai.

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Group unlocks Apple's iPhone 3G

A group of independent programmers has claimed that it had "unlocked" the latest generation of Apple Inc iPhones so the devices can be used on unauthorized wireless networks, in a move that could threaten the company's carrier partners.

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2008: Watershed year for Indian telecom

For a country that stood at the bottom of the pyramid in terms of telecom penetration a decade ago, 2008 was a watershed when India's subscriber base topped 350 million users to make its network the second largest in the world after China, displacing the US.

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Govt to kick off 3G auction on Jan 30

The Government has deferred 3G spectrum auction to January 30, delaying it by 15 days. As per the new revised timeline, applications will now be invited from January 9, 2009 and the final date will be January 15.

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Unitech-Telenor deal to be over by Jan '09

Realty major Unitech today said completion of its deal with the world's seventh largest mobile operator, Telenor, will be delayed by about a month to January 2009.

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DoCoMo defers open offer for TTML

Tata Teleservices (Maharashtra) today said Japanese telecom major NTT DoCoMo's open offer for a 20 per cent stake in the company has been deferred following a delay in approval from market regulator SEBI.

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3G entrants can get 2G spectrum

Clearing the air over spectrum allocation, the government today said successful 3G bidders will be eligible for 2G spectrum. Addressing a pre-bid conference for auctioning 3G and BWA spectrum, Telecom Commission Member (Finance) R Ashok said, "Successful 3G bidders will be eligible for getting 2G spectrum."

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Global Crisis

Exports fall 1.6% in December'08

Exports fell for the third straight month, posting a negative growth of 1.6 per cent in December 2008 as demand from key markets continued to remain sluggish.

More : Export units to lose 1 cr jobs by March: FIEO | Toyota to halt Japan output for 11 days | US bankruptcy filings jump by 33% in '08

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