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Lack of spectrum to limit number of 3G licences in India

Posted by: Bappy on: December 11, 2008

According to India’s Economic Times, a draft information memorandum by the Department of Telecommunications (DoT) has revealed that no more than four 3G licences are expected to be auctioned per telecoms circle. The revelation comes despite previously announced plans for between eight and ten concessions to be offered in each circle. In seven of the [...]

Telekom Malaysia Q3 in the red on forex losses

Posted by: Bappy on: November 12, 2008

Telekom Malaysia Bhd. Tuesday said lower revenue, higher operating expenses and foreign exchange losses pushed it into the red in the third quarter, from a profit a year earlier.
The telecommunications company added that it expects the rest of the year to remain challenging with foreign currency fluctuations likely to continue to weigh on its results.
However, [...]

Telenor Rumoured to Be Close to $1.5 Billion Indian Deal

Posted by: Bappy on: October 15, 2008

Norway-based Telenor has reportedly been in talks with Indian greenfield operator, Unitech Wireless to take a stake in the firm worth up to US$1.5 billion. Earlier reports that Telecom Italia was also seeking to take a stake in the firm fell to nothing. Kuwait’s Zain is also understood to be in talks to take a [...]

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Posted by: Bappy on: September 15, 2008

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