Bharti Airtel-MTN $ 24 billion deal called off
1.10.2009
Bharti Airtel-MTN deal called off (ET)India’s telecom czar Sunil Mittal’s dreams of forging a transnational alliance with Africa’s largest telco MTN were shattered for the second time in less than two years with Bharti Airtel and the South African company calling off talks a few hours before.
Tata Tele to use BSNL's mobile towers (ET)Tata Teleservices, India's sixth-ranked mobile operator, said on Wednesday it has signed an agreement to share the mobile towers of state-run telecom Bharat Sanchar Nigam Ltd for 15 years.
MTL close to buy German co's Indian subsidiary (BS)India's leading electronic manufacturing services provider, Mobile Telecommunications, is close to sealing the acquisition of Pune-based Wieler International Electronic (WIE), by end-this year. WIE is a subsidiary of Germany-based DIGISOUND-Electronic GmbH.
Banks lose $50 mn fees as Bharti-MTN called off (ET)
The collapse of talks between India's Bharti Airtel and South Africa's MTN Group means banks have lost out on an estimated $50 million-plus of M&A fees. Bank of America Merrill Lynch and Deutsche Bank, which were advising MTN, were on course to share $34 million in fees.
Sistema Shyam Tele package (HBL)
Sistema Shyam TeleServices Ltd has come up with a package that offers the customer a colour handset, all MTS-to-MTS local calls free for a year, 1 paisa per second on other networks, and lifetime validity for Rs 999. STD calls will be charged at 2 paisa per second.
Telefonica announces wide-spread trials of LTE networks (C-N)
Telefonica says that it has reached an agreement with six LTE technology providers to launch LTE test projects in six different countries. The suppliers Telefonica has chosen so far: Alcatel-Lucent, Ericsson, Huawei, NEC, Nokia Siemens Networks.
Bharti Airtel-MTN deal called off (ET)India’s telecom czar Sunil Mittal’s dreams of forging a transnational alliance with Africa’s largest telco MTN were shattered for the second time in less than two years with Bharti Airtel and the South African company calling off talks a few hours before.
Tata Tele to use BSNL's mobile towers (ET)Tata Teleservices, India's sixth-ranked mobile operator, said on Wednesday it has signed an agreement to share the mobile towers of state-run telecom Bharat Sanchar Nigam Ltd for 15 years.
MTL close to buy German co's Indian subsidiary (BS)India's leading electronic manufacturing services provider, Mobile Telecommunications, is close to sealing the acquisition of Pune-based Wieler International Electronic (WIE), by end-this year. WIE is a subsidiary of Germany-based DIGISOUND-Electronic GmbH.
Banks lose $50 mn fees as Bharti-MTN called off (ET)
The collapse of talks between India's Bharti Airtel and South Africa's MTN Group means banks have lost out on an estimated $50 million-plus of M&A fees. Bank of America Merrill Lynch and Deutsche Bank, which were advising MTN, were on course to share $34 million in fees.
Sistema Shyam Tele package (HBL)
Sistema Shyam TeleServices Ltd has come up with a package that offers the customer a colour handset, all MTS-to-MTS local calls free for a year, 1 paisa per second on other networks, and lifetime validity for Rs 999. STD calls will be charged at 2 paisa per second.
Telefonica announces wide-spread trials of LTE networks (C-N)
Telefonica says that it has reached an agreement with six LTE technology providers to launch LTE test projects in six different countries. The suppliers Telefonica has chosen so far: Alcatel-Lucent, Ericsson, Huawei, NEC, Nokia Siemens Networks.
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