New Delhi, Dec 5 : The notice inviting applications (NIA) for the spectrum auctions in January 2014 is expected to come in another 15-20 days, M. F. Farooqui, secretary, Department of Telecommunications (DoT) said Thursday.
“The NIA will come in about 15-20 days' time from now,” he told reporters on the sidelines of the India Telecom 2013 organised here by the Federation of Indian Chambers of Commerce and Industry (FICCI) and DoT.
NIA is a legal document that lays down rules and regulations of the auction.
New Delhi, Dec 3 : The Telecom regulator Tuesday said it was halving registration fees and security deposit of telemarketers with the service provider in order to encourage telemarketers register with it.
The Telecom Regulatory Authority of India (TRAI) issued the Telecom Commercial Communications Customer Preference (Fourteenth Amendment) Regulations, 2013 to this effect which will come into force after 30 days.
Tom Wheeler, the new chairman of the Federal Communications Commission (FCC), on Monday pledged to make the telecommunications industry more competitive.
Mr. Wheeler there was a need to make sure that small wireless carriers are capable of competing in the next year's spectrum auction, adding that he was an extreme believer in the power of the marketplace.
He stressed on the need of the FCC's intervention at a time of stifled competition in the telecommunications market.
Tata Docomo has announced the launch of Photon Max Wi-Fi, which enables users to create a Wi-Fi hotspot anytime anywhere to run Internet on up to five devices.
The Photon Max Wi-Fi, which is powered by Qualcomm Gobi with Dual processor Technology, promises faster and reliable connectivity. As per the company's claims, it will provide Internet speeds of up to 6.2 megabits per second (mbps).
New Delhi, Dec 3 : India's third largest telecom operator Idea Cellular has received a grant of over $1 million from the US Trade & Development Agency (USTDA) to fund a pilot project involving deployment of Solar Hybrid Methanol-Based Fuel Cell (SHMBFC) at telecom sites in India, the company said Tuesday.
An agreement to this effect was signed between US Ambassador to India Nancy J. Powell and Idea managing director Himanshu Kapania at the US Consulate in Mumbai, Monday evening.
Beijing, Nov 22 : The former vice president of China Mobile, the country's largest telecom operator, was sentenced to life imprisonment for taking bribes, a court in China's Jilin province confirmed Friday.
Lu Xiangdong, 53, stood trial and received the sentence at the Intermediate People's Court of Jilin city last week, Xinhua reported.
Lu was found guilty of taking bribes totalling more than 25 million yuan (around $4.1 million) from 2003 to 2011 when he used his position to seek profits for others and accepted large amounts of bribes.
Telecom giant, Vodafone has claimed a massive £17.67 billion in tax losses allowing its first half profit rise significantly.
The company said that most of the tax losses or about £15.83 billion came from its subsidiary in Luxembourg that has been accused of being involved in tax avoidance scams. The company sends of dividends to Luxembourg for taking benefit of tax laws in that country. Vodafone has shifted senior marketing managers to Dublin in order to avoid g UK tax on revenues from global royalties.
New Delhi, Nov 12 : Reliance Communications' second quarter (July-September) consolidated net profit surged by 562 percent on year-on-year basis at Rs. 675 crore, the company said Tuesday.
Excluding write-back provision, the net profit was up by 129.4 percent on year-on-year basis at Rs. 234 crore.
The operating revenue was at Rs. 5,394 crore (excluding provision write-back of Rs. 441 crore), up 3.7 percent from Rs. 5,202 crore in the second quarter of previous year.
New Delhi, Nov 12 : Bharatiya Janata Party leader Yashwant Sinha Tuesday alleged another telecom scam was taking place and urged Prime Minister Manmohan Singh to reject TRAI (Telecom Regulatory Authority of India) recommendations of spectrum reserve price and user charges.
"I would like to draw your attention to another scam which seems to be taking place in the telecom sector," Sinha said in his letter to the prime minister Nov 9.
The letter was released to the media Tuesday.
The government has cleared the country's first-ever policy on mergers & acquisitions (M&A) for the telecom sector and the new rules could be announced within a week, Telecom Minister Kapil Sibal said.
Mr. Sibal said that the telecom Commission had cleared the newly crafted M&A guidelines, which could be announced any day now.
Speaking on the topic, he said, "It (Mergers and acquisition guidelines) has been cleared by Telecom Commission. We will announce it any day now, probably in coming week."
Abu Dhabi, Nov 7 : Etisalat Group, one of the leading telecom operators in the Middle East, Africa and Asia, has picked up two awards for the roll out of innovative mobile commerce solutions at the Mobile Money Global Awards.
"We are delighted to win these awards, as it is recognition that Etisalat is spreading the benefits of mobile finance to under-banked communities all over the world," Khalifa Al Shamsi, chief digital services officer at Etisalat Group, was quoted Thursday as saying.
New Delhi, Nov 7 : Telecom service provider Uninor Thursday announced that its chief executive officer (CEO) Yogesh Malik has resigned his post owing to personal reasons.
The company has already started the process of selecting a new CEO to take up the position. In the interim period Sigve Brekke, who is currently the head of Telenor Group's Asia operations, will take up the position of acting CEO, a company statement here said.
Uninor is a majority-owned subsidiary of Norwegian telecom service provider Telenor Group.
New Delhi, Nov 6 : The Telecom Commission Wednesday recommended raising the reserve price for mobile phone spectrum auctions by 15 percent more than the price suggested by the Telecom Regulator Authority of India (TRAI) in the 1,800 megahertz (MHz) and by 25 percent in the 900 MHz.
The panel has approved the merger and acquisition policy and a senior government official said the merger entity may hold up to 50 percent of market share in each circle. The policy now needs cabinet approval.
The Telecom Commission is the highest decision making agency of the Department of Telecommunications (DoT).
Johnson & Johnson has said that it has agreed to pay $2.2 billion to settle civil and criminal allegations relating to off-label, unapproved uses for three prescription drugs.
The Justice Department officials announced on Monday that the company has agreed to pay the settlement amount to settle claims. The case that started in 1990s and went on till the early 2000s included allegations of kickbacks to doctors and pharmacies to promote the antipsychotic drugs Risperdal and Invega, and a heart drug, Natrecor.
New Delhi, Nov 5 : To strengthen its foothold in Africa, telecom service provider Bharti Airtel Tuesday said it has entered into "a definitive agreement" with the Warid Group to fully acquire its Congo operations, a company statement said here.
According to the latest reports, US giant AT&T might be preparing a bid to acquire rival, Vodafone for the next year aiming to create a global telecom giant.
Some believe that AT&T will launch its bid next year to create a $250 billion global telecom service provider. The deal might also include selling the British group's African and Indian businesses. It is believed that the AT&T was in talks with Vodafone's US partner Verizon but Vodafone decided to sell its stake in the American venture to Verizon Wireless.
New Delhi, Oct 30 - Telecom service provider Bharti Airtel's consolidated net profit for the second quarter (June-September) declined by 29 percent to Rs. 512 crore compared to Rs. 721 crore it logged during the corresponding period last quarter.
New Delhi, Oct 29 : British telecom company Vodafone Plc Tuesday sought the Foreign Investment Promotion Board's approval to raise its stake in its Indian arm - which is involved in a Rs. 20,000 crore tax dispute - from 64.38 to 100 percent by investing Rs. 10,141 crore.
"Vodafone confirms it has filed an application with the Foreign Investment Promotion Board to increase its holding in Vodafone India Ltd from 64.38 percent to 100 percent," the company said in a statement.
In August, India relaxed foreign direct investment rules in telecom sector, allowing companies like Vodafone to own 100 percent of their Indian businesses.
The Indian arm of British telecom giant Vodafone has announced its plans to invest Rs 4,000 crore to Rs 6,000 crore every year on further expanding its capacity in India.
Vodafone India's Managing Director & Chief Executive Marten Pieters said the company would continue making investments in India. But, he added that investments would depend on new spectrum licences and extension of its existing licences.
New Delhi, Oct 28 : Telecommunication tower operator Bharti Infratel Monday posted net profit of 12 percent for the July-September quarter of the current fiscal (2013-14).
It deploys, owns and manages telecom towers and communication structures, for various mobile operators. It mentioned that the net profit went up to Rs. 277 crore during the second quarter of the current fiscal from Rs. 248 crore posted during the corresponding period last fiscal.