Telecom Sector

MTNL enters low cost PC market with Internet Connectivity for just Rs 4500

MTNL is offering a great package for entry level personal computer in partnership with Chennai based Novatium for just Rs. 4,500. The PC offered by telecom PSU MTNL will be bundled with an internet connection as well.

BSNL Gives Nod To GSM Tender; Plans Rs 22,880 Cr Investment In 2007-08

Bharat Sanchar Nigam Ltd.
New Delhi: State-run telecom company, Bharat Sanchar Nigam Limited (BSNL) has finalized the tender for adding up 22.75 million GSM lines, awarded letter of intent (LoI) to Ericsson, and also plans to add two million connections each month by 2008.

While Ericsson has accepted the LoI for laying 13.125 million lines, a proposal would shortly be offered to Nokia for appending a capacitance of 9.675 million GSM lines.

Hutch Crosses 50 Lac Subscribers Mark in Gujarat; Plans to Invest More in the State

Ahmedabad: Hutch has crossed the 50 lakh subscriber mark in Gujarat. Now it plans to invest around Rs 1,000 crore in the State during the existing fiscal (2007), as part of its growth plans.

Last year, the cellular services supplier invested Rs 330 crore in the state that contributes one-seventh of the total earnings of the company in India.

TRAI Suggests Changes in Licensing Program

Telecom Regulatory Authority of IndiaNew Delhi: Telecom Regulatory Authority of India (TRAI) has made a few suggestions in its recommendations on licensing program reforms released.

Call ISD for just Re 1 from India

MTNLNew Delhi: Through their fixed line phones, now MTNL broadband’s Delhi and Mumbai based customers will be capable of making an ISD call to any part of the world for as low as Re 1 a minute.

DoT For Appraisal Of Duty Hikes

New Delhi: Telecom minister A Raja stated that DoT would pass on the fresh tariff hikes issue by two leading mobile manipulators to Trai. His reaction accompanies a ToI account commenting that elevating tariffs by the similar quantity for the comparable service, on the same day points to cartelization. It is strangest and maybe the initial case in the 10-year’s of Trai’s subsistence that such a reference is being made.

These tariff increases had blockaded the minister substantially, particularly as duties tumbled to a record low in the three-year term of his forerunner D Maran.

He alleged, “SMS is a mode of tariff. Definitely tariff is in the control of ministry. Let Trai decide on it first.”

Bharti Airtel To Amplify Its Presence, Investing $200 Mn In Sri Lanka

Bharti AirtelNew Delhi: Bharti Airtel Lanka Pvt Ltd will invest up to $200 million by 2009 for offering mobile services in Sri Lanka. The recent plan is a part of company’s strategy to amplify its presence beyond India.

The company is all set to instigate both 2G and 3G mobile services in Sri Lanka by the end of the current fiscal.

Wait & Watch Idea Cellular For Future Gains, Says Gaba

Idea CellularTechnical Analyst, Prakash Gaba is of the view that one can stay invested in Idea Cellular.

Gaba told, “Idea Cellular has strong support at Rs 120. The structure is not a weak, it’s a positive structure. It has resistance Rs 135. Structurally it can take out the all time high of Rs 135 where does it go from here maybe Rs 156 levels. So structurally it’s a positive stock, there is more upside than downside. I wouldn’t worry just continue to hold and maybe go towards Rs 156.”

Google To Bring Out Phone Of Its Own Phone By 2008

Google PhonesLondon: Google is hopeful to instigate a mobile phone by early next year that will let users to browse the internet on the move.

The company anticipates that its ‘GPhone’ will be as popular as the Apple iPhone that was initiated in the United States in June.

Google services including its search engine, e-mail and interactive maps will be loaded on to the phone. It is believed Google will originate its proceeds from the profitable mobile advertising market.

Emkay Research: Accumulate Rating On GTL With Target Of Rs 269

GTL LimitedEmkay Research report on GTL:

GTL reported the net sales for quarter grew by 78% yoy to Rs 4.1 billion, EBIDTA raised by 107% yoy to Rs 606 million, PAT decreased by 7% yoy to 321 million; APAT grew by 129% yoy to Rs 408 million. EBIDTA margins gains by 206bps yoy to 14.9%. GTL made an agreement with France Telecom to sell off its enterprise solutions and managed services business in all cash deal valued at USD 40 million.

Business sell off includes the transfer of customer base of business along with the relationships with the technology providers such as Alcatel, Lucent, Nortel, Juniper, Verint, etc. along with 590 employees.

The Date For Submitting Views On Discussion Paper Extended By TRAI

The date for submission of views by the industry on a consultation paper for reviewing key license conditions and capping the number of access providers has been extended by the Telecom regulator Telecom Regulatory Authority of India. TRAI said that service providers could now submit their comments by July 6.
The consultation paper - 'Review of license terms and condition and capping number of access providers' – was floated by the regulator on June 12, with a view to start the second phase of telecom reforms.
The paper had sought comments on the issue of allowing operators to offer services under the same license using a combination of technology, limiting the number of companies in each area, mergers, acquisitions and roll out obligations.

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