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Unitech Wireless gets NLD, ILD licences


Unitech Wireless, a part of the realty major Unitech Group with a pan-India mobile licence, has got both National and International Long Distance Licences.A Department of Telecom official said the company has got NLD, ILD licences.

The state-owned telecom service provider Bharat Sanchar Nigam Ltd (BSNL) is planning to seek exemption from paying licence fees, stating a clause under the National Telecom Policy of 1999 (NTP ‘99).

State-owned BSNL said it is considering proposals for acquiring a minority stake in an existing telecom operator in Africa. "We have received proposals. There are various opportunities which are being looked at.

An unsuccessful attempt at raising the number of its third-generation (3G) service subscribers to one lakh within two months could lead to BSNL following the footsteps of its public sector sibling MTNL and inviting international players to run these next-gen services for 10 years.

India's Essar group may invest into Dubai group's telecommunication business in Africa to expand operations in the region, the Indian energy-to-steel conglomerate said in a statement on Sunday.

Despite a 17 per cent decline in revenues, Sasken Communication Technologies Ltd posted a 47 per cent year-on-year growth in June quarter net profit, aided by foreign exchange gain of Rs 10.48 crore and lower sales and marketing expenses.

Private Equity firms invested about $888 million across 44 deals during the quarter ended June 2009, according to a study by Venture Intelligence. Among the larger investments made during the quarter.

Bharti-MTN deal is 'well thought out': Sunil Mittal(ET)
Telecom czar Sunil Mittal has said that Bharti Airtel's proposed USD 23 billion transaction with South African telecom major MTN is a "well thought out" deal. The planned deal with MTN is expected to create an entity with more than 200 million subscribers.
Apart from being a serious problem for PCs, botnets are now targeting mobile phones. The security vendor Trend Micro predicted at the beginning of the year that 2009 would see the first 3G botnet; and has finally discovered what it claims to be the first botnet for mobile devices.

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