Vodafone seeking approval for $2.7 billion buyout in India venture
Nov11

Vodafone seeking approval for $2.7 billion buyout in India venture

British telecom massive Vodafone is learnt to have applied to govt for raising its stake in its Indian arm to 100 percent at an estimated USD 2.7 billion (Rs.16,600 crore). Trade sources mentioned Monday Vodafone has utilized to overseas investment Permission Board (FIPB) for permission to lift its stake in Vodafone India from seventy four p.c to one hundred pc. While Vodafone didn’t right away revert again emails despatched for...

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DoT looking to intercept encryption services available on smartphones
Nov08

DoT looking to intercept encryption services available on smartphones

India and Israel Web List Posting are likely to come closer in the box of telecommunications as division of Telecommunications (DoT) could rope in a Israeli cyber agency for offering options to intercepting encryption services and products to be had on smartphones. Consistent with a document on engagements of Telecom Minister Kapil Sibal’s discuss with to Tel Aviv in the course of closing month, discussions have been held with...

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iPhone sales power China Telecom to higher profits
Oct13

iPhone sales power China Telecom to higher profits

State-owned China Telecom, the u . s . a .’s 1/3 biggest cell phone operator by using subscribers, said Wednesday that revenue grew within the first half of of the yr as income from iPhone gross sales kicked in. Beijing-primarily based China Telecom, also the arena’s greatest fastened-line telephone operator, stepped up marketing spending to woo buyers after it was the second chinese language mobile company to supply...

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Bharti Airtel board approves merger of broadband services subsidiary
Oct05

Bharti Airtel board approves merger of broadband services subsidiary

Telecom major Bharti Airtel Thursday mentioned its board licensed the merger of absolutely owned subsidiary Airtel Broadband services with itself. The amalgamation will probably be subject to approvals, together with clearances from excessive courts, if any, the company said in a filing to the BSE. “The Board of administrators of the corporate has authorized the scheme of amalgamation of Airtel Broadband services non-public...

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Huawei posts strong running revenue for 2013, despite turbulent year
Sep29

Huawei posts strong running revenue for 2013, despite turbulent year

Huawei posts strong operating profit Huawei technologies Co Ltd posted an over 40 % upward push in annual operating profit because the Chinese telecom equipment maker accelerated its presence in rising markets, countering reduced earnings growth hit by way of accusations of cyber-espionage. Huawei, the world’s No.2 telecom gear maker, has had a turbulent year during which it used to be shut out of multi-billion buck network...

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