The loss making unit of Tata Group , Tata Tele Services is considering to close down the mobile services business. Chairman N Chandrasekharan is evaluating various and best possible options by having discussions with other telecom companies to sell its stake in the telecom venture, but nothing concrete has materialised. If the group goes ahead with its plan, it will be the first major Tata unit to be closed down in its 149-year-old history.
Tata Group is looking to shed non-core and loss-making business to focus on core business as it is sitting on a debt of USD 25 billion and Tata teleservices has 4 percent market share of Indian mobile telecom market and has 45 million mobile subscribers and the parent company Tata Sons, has made efforts to turn around Tata Tele by deciding to infuse Rs 12,000 crore recently after it had invested Rs 2,000 crore in the financial year 2016-17. The company can reduce its debt by selling telecom spectrum….Read More : http://www.varindia.com/news/tata-teleservices-to-look-for-options
Matrix Comsec is reportedly participating in the Convergence – 2013. Matrix will showcase its complete portfolio of Telecom products encompassing range of IP-PBXs,VoIP and GSM Gateways.
Citing about the new converged office communication solution, said Dhaval Bhagora, Product Manager – SMB Division. “Today, what a user comes asking for is a single solution for problem a, b and …x.” Matrix Comsec addresses many of these needs with its new upcoming solution. To be precise, the solution is defined as “Office-in-a-Box”. The new converged solution resolves it all-communication needs over the wireline, wireless network or the internet, voice and data, the user’s urge to be more mobile, freedom from office desk extensions, the freedom to roam between networks. Name it and you find the need addressed with the new series…….See More
Swipe Telecom has announced the launch of their F1 Fablet. It is in addition to the line of products already launched by Swipe Telecom in the country. The Swipe design team has coupled design with the advanced technologies, by leveraging their expertise from the design of their previous tablets.
F1 Fablet supports Dual SIM and is compatible with 1 GHz, MTK 6575 processor and 512MB RAM. F1 Fablet comes with enhanced GPS features with voice navigation which enables an easy experience for users.
The F1 Fablet runs on Android 4.0 (ICS) operating system and has a 5-inch capacitive touchSwipe forays tablet mkt in India; launches F1 Fablet
Swipe Telecom has announced the launch of their F1 Fablet. It is the addition to the line of products launched by Swipe Telecom in the country. The Swipe design team has coupled design with the advanced technologies, by leveraging their expertise from the design of their previous Tablets.F1 Fablet supports Dual SIM and compatible with 1 GHz, MTK 6575 processor and 512 MB RAM. F1 Fablet comes with enhanced GPS features with voice navigation which enables an easy experience for users…..See More
DoT has issued the guidelines for the spectrum auction beginning November 12. It states that Telecom companies whose licences have been cancelled by the Supreme Court will have to pay one-time, non-refundable entry fee Rs.1 crore for unified licences for each service area.
Moreover, the companies who have lost their licences after the Supreme Court judgement will be treated as new companies for participating in the auction and they need to obtain Unified Licence if they win the spectrum.
According to the Notice Inviting Application (NIA) issued by DoT “Entry fee (non-refundable) Rs.1 crore for each Service Area Level UL (Access Services), except for Jammu & Kashmir and North East Service Areas where the Entry Fee shall be Rs.50 lakh each…See More
Matrix Comsec has concluded its Fifth annual partners Growth Summit at Nepal. It was a four day event where Top performing Matrix partners were awarded and business strategy for the next year was discussed. Around 100 Matrix partners attended the summit. Matrix international partners from countries like, Australia, Thailand, America and Dubai…more
TMT Finance and Investment India have announced that it will make its debut in Mumbai on October 18, 2012 at the Four Seasons Hotel. The inaugural India conference, which is subtitled “Telecom Investment Strategies for Growth and Consolidation”, will feature a series of leadership panel debates, keynote speeches and networking sessions highlighting new opportunities for financing and investment.
“We are extremely excited to bring the conference to India for the first time this year as a result of overwhelming demand from our global and India network of executives, investors and advisers. India is at an absolutely critical juncture for telecoms, and new investment and financing partnerships, both domestically and internationally, are essential to facilitate the next phase of growth in mobile voice and broadband,” said Dominic Lowndes, Managing Director, TMT Ventures, the event organizers.
Furthermore, key sessions for this year’s conference include: The Telecom Leadership Roundtable – Strategies for Accelerating Growth; The M&A Panel – How will consolidation shape the market?; Spectrum and Regulation – How will new frameworks stimulate investment; Next Generation Networks – Investing in new networks and service roll out; Telecom CFO Round Table – Creating new paths to operational efficiency; Raising Finance for Indian telecoms and the Mobile Towers Leaders Round Table.
Ericsson will establish a presence in Myanmar in June, with the opening of a small office in Yangon. In addition, Ericsson will collaborate with human rights stakeholders to assess both the human rights situation and the socioeconomic impact that telecommunications brings.
“With a mobile penetration below two per cent, Myanmar most likely has the least developed telecommunications services in the world. Telecommunications is on top of the agenda in Myanmar in order to attract the much-needed foreign investment. Myanmar needs foreign investment and trade in order to continue the positive progress in its socioeconomic development,” said Elaine Weidman Grunewald, Vice-President, Corporate Responsibility and Sustainability, Ericsson
Ericsson supports the Institute for Human Rights and Business (IHRB) and The Danish Institute for Human Rights (DIHR) initiative for applying human rights principles and standards within business activities in Myanmar based on a multi-stakeholder engagement process. The initiative will be based on the United Nations Guiding Principles on Business and Human Rights, and will soon be launched in Myanmar.
Mads Holst Jensen, The Danish Institute for Human Rights (DIHR), said, “It is encouraging that companies like Ericsson are considering the human rights implications of their potential activities in Burma-Myanmar at such an early stage, and integrating them in their decision-making processes and assessment.”