Telecom Sector

SC to hear petitions of Sunil Mittal, Ravi Ruia in 2G case

SC to hear petitions of Sunil Mittal, Ravi Ruia in 2G case

The Supreme Court will today, on Monday, hear Bharti Airtel chairman Sunil Mittal and Essar Group’s co-founder Ravi Ruia’s petition, challenging CBI’s summons related to alleged irregularities in the 2G case.

A CBI special court had issued summons to the two industrialists in the case related to allotment of mobile phone bandwidth during the BJP-led NDA regime in the year 2002.

SC directs Bharti Airtel not to add 3G customers in 7 circles

SC directs Bharti Airtel not to add 3G customers in 7 circles

Bharti Airtel can't add new 3G customers in the seven circles in which it doesn't have spectrum till the 3G intra-circle roaming case is not disposed off, the Supreme Court ruled on Thursday.

The seven circles in which Airtel doesn't have 3G spectrum are: Haryana, Gujarat, Uttar Pradesh East, Maharashtra, Madhya Pradesh, Kerala and Kolkata. The company has been offering 3G services in these circles using the networks of other telecommunication firms.

Bharti Airtel Allowed to Continue with 3G Services

Bharti Airtel Allowed to Continue with 3G Services

Bharti Airtel Ltd. has been allowed to perpetuate with third-generation telecom services by an Indian court. It has asked the company to continue with the services in seven areas but with a disclaimer that they must not take any future orders in these areas.

Haryana, Maharashtra, Madhya Pradesh, Uttar Pradesh (East), Kolkata, Gujarat and Kerala were the seven areas where the services were asked to stop. Earlier, the Government had asked them to discontinue the services as it was thought that they were violating the telecom rules.

Shares Of Reliance Communication Surges By 15 Percent

Shares Of Reliance Communication Surges By 15 Percent

Market witnessed that shares f Reliance Communications got a surge of more than 15% on Wednesday. Earlier Anil Ambani promoted Reliance Communications shares have drastically gone up by 15% after Anil Ambani and his brother Mukesh Ambani announced a 1200 crore deal between them. The Realiance Industries telecommunication will be using optical fiber cables to develop and provide 4G services to the people of India.

$20-m Deal For Tata Communication

$20-m Deal For Tata Communication

It was reported that the Tata Communications Ltd. Has got a 20-m contract from the consultancy firm Mott MacDonald. This contract is for five years and the company will help in redesigning telecom infrastructure and other related services.

"Tata Communications... has been selected by Mott MacDonald as its telecommunications partner for the next five years in a deal worth over $20 million," the company said in a statement.

Sistema Shyam to Invest $1 Billion in India

Sistema Shyam to Invest $1 Billion in India

Head of Sistema Shyam TeleServices, Indian mobile phone unit of Russian conglomerate Sistema, has announced this Tuesday that the company has planned an investment of some to $1 billion in 2013-2015 in India.

Vsevolod Rozanov said that the company has been expecting the unit to manage on the basis of an operating income, or OIBDA, by 2014 end to the start of 2015. The same would include all the nine areas where the unit operates.

T-Mobile’s abolition of contracts and cell phone subsidies reportedly seeing early momentum

T-Mobile’s abolition of contracts and cell phone subsidies reportedly seeing ear

According to a CNET report, citing the information shared by T-Mobile's SVP of marketing, Andrew Sherrard, and its Executive VP for corporate services, David Carey, the move by T-Mobile to abolish contracts and cell phone subsidies has apparently aroused the interest of consumers.

Carrey told CNET that, after T-Mobile's last-month announcement - at a high-profile New York event - about the abolition of contracts and cell phone subsidies, traffic was notably up in all of the stores he had visited of late.

Shares of Reliance Communications Soar

Shares of Reliance Communications Soar

Hopes of a deal with Batelco have reflected a very positive effect upon the shares of Reliance Communications, which according to the market reports, has seen a rise of approx 7% in the market on Monday.

Rumors are airing that the telecom company Reliance major has plans of selling 80% stake of its subsidiary Reliance Globalcom. Sources reveal that a deal worth Rs. 6,000 Crore could be signed with a consortium led by Bahrain Telecommunications Co (Batelco).

Tewari Says Broadcasting Was Never Under TRAI Remit

Tewari Says Broadcasting Was Never Under TRAI Remit

Information and broadcasting minister, Manish Tewari, said on Friday that TRAI was straying in the areas beyond its remit. He suggested a separate "techno-commercial" regulator for the burgeoning broadcasting sector.

Sanjay Mashruwala Becomes Reliance Jio’s Managing Director

Sanjay Mashruwala Becomes Reliance Jio’s Managing Director

30-year company veteran Sanjay Mashruwala has now been appointed by Reliance Industries (RIL) as its fourth-generation (4G) mobility venture's, named Reliance Jio, managing director.

The information was provided by an executive having direct know-how of the development. The appointment of Mashruwala is being seen despite his name hardly anywhere in the telecom industry.

The executive has told that an internal mail has also been sent to the employees the previous week, which contains announcement about Mashruwala's appointment.