Singapore Telecommunications (Singtel) will acquire a 7.39 percent additional stake in the holding arm of India’s largest telecom company Bharti Airtel for $650 million. The deal comes just ahead of India’s largest-ever spectrum auction to date. Singtel currently has a 32.5 percent interest in Airtel. “Thailand, India and Africa continue...
Will India's Reliance Jio Infocomm Disrupt the 4G Market?
Telecom analysts and research agencies predict that India's Reliance Jio Infocomm will disrupt the Indian 4G market with innovative offers. Reliance has not yet officially announced the commercial launch of Jio, but the service is currently available as a limited preview only. According to telecomlead, this is what analysts have...
India's Telecom Operators Collaborate to Curb Call Drops
Last month, as part of a 100-day commitment to the government, telecom operators in India -- Bharti Airtel, Idea Cellular, Vodafone, BSNL, MTNL, Reliance Communications, Aircel, Telenor, Tata Docomo and Reliance Jio -- set up 48,000 new telecom sites across the country to curb call drops. Another 12,000 base transceiver stations will...
Vodafone Poised to Buy Out Telenor India
Vodafone India is expected to acquire Telenor India's spectrum holdings and operations in a deal that could be worth over $1 billion. Sources differ over whether the deal would involve only acquiring Telenor's Indian spectrum holdings or the company as well. Spectrum is the main draw of the acquisition, but if Vodafone does...