HindustanTimes Sun,23 Nov 2014


Coming soon: factory seconds phones, TVs at cut prices

Soon, you may be able to exchange your old cellphone with a new one of your choice by paying less than 70% of its market price and with its warrantee intact. All you have to do is ignore a little dimple or scratch on your new branded purchase. Himani Chandna Gurtoo reports.

Videocon to dial 4G; offer competitionto RIL, Airtel

Videocon Telecommunications Ltd (VTL), a mobile service provider in six circles, is all set to take on Reliance Industries Ltd (RIL) and Bharti Airtel by launching affordable 4G services bundled with handsets by the end of 2013-14. Manoj Gairola reports.

Talks in progress on sale of RCom unit

India’s third-biggest mobile phone operator by customers, Reliance Communications (RCom)Ltd’s talks with potential partners for selling a stake in a unit that includes its undersea cable assets are in progress, chairman Anil Ambani told shareholders on Tuesday.

Out of Africa: Kohli back to head Airtel India ops

Manoj Kohli, managing director and CEO (international) of Bharti Airtel, will relocate to India from the company’s Africa headquarters in Nairobi. HT reports.

Vodafone in talks to sell Verizon Wireless stake

Britain's Vodafone PLC, one of the world's largest cellphone companies, confirmed today that it was talking to Verizon Communications about selling its stake in Verizon Wireless, the No. 1 mobile carrier in the US,

Airtel develops low-cost 3G

Bharti Airtel on Thursday said that alongwith SoftBank Mobile, it has successfully conducted field trials of a technology that provides cost-efficient 3G phone services using a communications satellite as a transmission line.

Sibal's meeting with industry deferred till Sep 11

Telecom minister Kapil Sibal's open house discussion with leaders of telecom industry is believed to have been deferred for the second time and is now scheduled for September 11.

Verizon, Vodafone agree to $130 billion stake deal

US telecoms giant Verizon and Vodafone announced on Monday they had agreed the British company would sell out its 45% stake in their joint venture Verizon Wireless for $130 billion (99 billion euros).

Nokia share price soars 45% on Microsoft sale news

The share price jumped to 4.3 euros in opening trading on the Helsinki stock exchange, sending the overall market up by 4.3%

Bombay high court dismisses Vodafone India petition

The Bombay High Court on Friday dismissed a writ petition filed by Vodafone India questioning the jurisdiction of a transfer pricing order passed by the income-tax department relating to transactions at the company’s call centre business.

Deliver or leave: Murthy tightens screws at Infy

Infosys chairman NR Narayana Murthy’s unrelenting focus on performance and delivery is making many senior and middle-level managers uneasy. Manu P Toms reports.

TRAI for sharp cuts in spectrum prices

The spectrum allocation policy for mobile telephony that caused a corruption scandal and then an industry-government gridlock is set to change all over again with the industry regulator setting in motion recommendations for a new regime. For consumers, it means tariff increases are unlikely.

Trai slams CAG 2G loss figures, says hurting industry

Squarely blaming the CAG for what it said was a logjam holding back the country’s telecom industry, India’s telecom regulator has challenged the national auditor’s method of calculating revenue loss — `1.76 lakh crore — in the sale of 2G spectrum, which had triggered a huge political storm.

Telecom stocks gain up to 6% on TRAI proposal

Telecom stocks on Tuesday rose by as muchas 6% after telecom regulator TRAI recommended a sharp 60% cut in the floor price of mobile phone spectrum for an upcoming auction after two previous sales drew lukewarm response because of high reserve price.

Rupee fall causes new woes for telecom industry

The rupee is the telecom industry’s new problem, just when it was recovering from spectrum blues thanks to the industry regulator’s words of support. Manoj Gairola reports.

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