HindustanTimes Mon,22 Dec 2014


Huawei, Airtel tie up to provide WiFi in EasyCabs

Huawei and Bharti Airtel have joined hands for providing high-speed internet connectivity to passengers of EasyCabs in the NCR region.

Bharti ups stake in Qualcomm broadband arm

Sunil Bharti Mittal-led Bharti Airtel on Thursday said it has acquired an additional 2% stake in Qualcomm’s broadband wireless access (BWA) businesses in India. HT reports.

Exit time for telcos?

The government's proposed new policy of allowing 100% foreign direct investment (FDI) in the telecom service sector is likely to come as a breather for telecom service providers, who are looking to exit after a long run in a cut-throat market.

Bharti Airtel repays Rs. 6,796 crore

Bharti Airtel, on Monday announced clearing debt of Rs. 6,796 crore, which is close to 10% of its total debt. The company has repaid this debt with proceeds received from selling its 5% equity stake to Qatar Foundation Endowment last month. Dressing up the numbers

Rupee fall boosts Indian IT

The rupee may be sliding down, but India’s IT firms may be cruising up. After all, most of their money comes from exports — which are now earning more rupees for every dollar earned by the simple fact of a 12.81% depreciation in the currency since April.

BSNL announces roaming plans with free incoming calls

Following rivals, state-run BSNL on Wednesday said it has launched special plans offering customers free incoming calls and cheaper rates for outgoing calls and SMS while roaming in the country.

Mukesh Ambani to lease Anil's cable network for Rs. 3,000 cr

In the third of telecom infrastructure deals, Mukesh Ambani-led Reliance Jio Infocomm seems poised to share  optic fibre networks owned by his younger sibling Anil Ambani-led Reliance Communications within cities across the nation. Manoj Gairola reports. Digital brothers

M&A rules to come July-end, says Sibal

The much-awaited merger and acquisition (M&A) guidelines in the telecom sector is likely to be announced by July end, communications minister Kapil Sibal said on Wednesday.

Vodafone may have to sell Airtel stake

Vodafone may have to sell its 4.4% stake in Bharti Airtel if the Department of Telecommunications accepts a report by its panel to abolish cross holding between operators providing services in the same area.

Telcos can’t force extra services on you

The Telecom Regulatory Authority of India (TRAI) on Wednesday made it mandatory for the operator to activate value-added services (VAS) of a subscriber only if it receives confirmation for it from a subscriber twice.

Bharti may move court on Rs. 6.50 bn fine

Telecom service provider Bharti Airtel Thursday expressed shock and disappointment at receiving a demand notice of Rs.650 crore from the Department of Telecom (DoT)  pertaining to its subscriber local dialing (SLD) service between 2002 and 2005.

TRAI to start consultation process for spectrum price soon

Telecom regulator TRAI has received reference from the DoT seeking recommendation on spectrum price for third round of auctions and will start consultation process shortly, a senior official said today.

Narayana Murthy’s back, but he is still to really start delivering

Analysts gave a thumbs-up to Infosys last Friday after it reported better-than-expected results, but old loyalists of India’s No 2 software exporter should be in no hurry to reach for a champagne bottle - though its shares soared. Vivek Sinha reports. Prospects vs performance

Uttarakhand: Google helps people search

Google's technology came in handy for friends and relatives of several hapless people who had been trapped in the Uttarakhand flash floods last month.

No FDI till new merger & acquisition rules are in place

The government's decision, on Tuesday, to hike the foreign direct investment (FDI) limit in the telecom sector to 100% from the existing level of 74% is expected to provide a huge breather to some of the domestic operators. Manoj Gairola reports.

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