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Govt to raise Rs 25K cr from 3G; base price at Rs 3500 cr

28.08.2009
Govt to raise Rs 25K cr from 3G; base price at Rs 3500 cr (ET)Paving the way for moving to the next generation of mobile services, an empowered Group of Ministers today fixed Rs 3,500 crore as reserve price for 3G spectrum to be given to a maximum five players initially.


Government firm to exit joint venture with Bharti (ET)
The government Thursday allowed the state-owned Telecommunications Consultants to exit from its joint venture with the Bharti group, Bharti Hexacom that operates in the Rajasthan and northeast circles.

 
BSNL to offer $500-m GSM contract to Ericsson (HBL)
With its 93-million-line mega GSM project stuck in controversy, BSNL has decided to award an extension contract to Swedish major Ericsson worth about $500 million. As part of this contract, Ericsson is required to supply GSM equipment for supporting 5.25 million subscribers.

 
Bharti-MTN deal contours 'may change' (ET)
MTN’s CEO Phuthuma Nhleko on Thursday said the contours of the proposed deal with Indian telecom company Bharti Airtel announced on May 25 may “very well change” — a possible indicator that some issues remained to be resolved.

 
Tata Comm to set up data centers at Pune, Chennai, Delhi (FE)
Tata group company, Tata Communications, plans to set up data centers at Pune, Chennai and Delhi in the near future, a senior company official said."We are building a large number of data centres.We are setting up three new data centres in Pune, Chennai and Delhi.

 
RCOM employees donate daily use items to Mother Teresa Missionaries (TID)
Reliance Communications, a telecom arm of Anil Dhirubhai Ambani Group, donated 12 boxes of daily use items such as clothes, toys, books, shoes, utensils and some cash amount today for the use of inmates of Mother Teresa Missionaries of Charity, Sector 23, here.

 
ZTE launches IPTN bearer network solution (EFY)
ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, today announced the formal launch of its new generation IPTN bearer network solution targeting mobile backhaul and multi-service delivery to meet the needs of IP-based services.

Nokia to launch first Linux-based smartphone (TT)
Nokia Oyj Thursday said it will sell its first high-end smart phone based on open source Linux-based software, a move the Finnish handset giant hopes will allow it to take market share from Apple Inc.'s iPhone.

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