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INFO-TECH
POLICY:
Get set for high-speed wireless connectivity
3G auction process may fetch Govt Rs 30,000 cr. New Delhi, Aug 1 Paving the way for high speed mobile connectivity in the country, the Communications and IT Minister, Mr A. Raja, on Friday said that the auction for third generation mobile ...
FINANCIAL PERFORMANCE:
Logix net at Rs 4.81 cr
TELECOMMUNICATIONS:
Advantage BSNL, MTNL
To launch 3G services 6 months ahead of private players. New Delhi, Aug 1 The biggest gainers from the 3G Policy announced on Friday are State-owned Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd. ...
TELECOMMUNICATIONS:
Scarce resource, auction mode, windfall for govt
Chennai, Aug 1 As far back as May 2005, Mr Ratan Tata, Chairman, Tata Sons Ltd, had suggested that the Government charge operators an entry fee with revenue share for third generation mobile (3G) services. This was around the time that the ...
TECHNOLOGY:
What is 3G
Chennai, Aug 1 Short for third generation, this technology marks a quantum jump in mobile services. ...
POLICY:
Mobile number portability gets nod
Facility to be rolled out in 8-12 months. New Delhi, Aug 1 Mobile subscribers will soon be able to change their operator without changing their phone number. Despite opposition from operators, the Minister of Communication, Mr A. Raja, has ...
FINANCIAL PERFORMANCE:
HCL Q4 net down 71% on forex losses
Margin expansion for fifth consecutive quarter. New Delhi, Aug 1 India’s fifth largest IT services exporter HCL Technologies Ltd on Friday posted about 71 per cent drop in its consolidated net income for the fourth quarter ended June ...
TELECOMMUNICATIONS:
Aggressive plans for affordable 3G devices
New Delhi, Aug. 1 One of the first things before anyone can experience third generation services is to have a compatible device. Currently, a simple 3G-enabled mobile handset costs about Rs 8,000 and a high-end smart phone costs about Rs ...
TELECOMMUNICATIONS:
Increased competition for Indian players
High bidding price, limited spectrum. BL Research Bureau “If you want to participate in a premium market opportunity, you have to pay up for it”. That seems to be the clear message that the new 3G policy, announced on Friday, sends ...
BROADBAND:
Wireless broadband policy announced
New Delhi, Aug. 1 In a bid to give a boost to broadband services in the country, the Communications Minister, Mr A. Raja, on Friday announced the policy for deploying broadband wireless technologies such as WiMax. ...
MERGERS & ACQUISITIONS:
Allsec to buy i2i centre
Purchase on a slump sale basis. Chennai, Aug 1 Allsec Technologies Ltd is to acquire the call centre business of Delhi-based i2i Telesource Pvt Ltd for an undisclosed ...
TELECOMMUNICATIONS:
Operators eye more revenues from 3G services
COAI pegs 75 million subscribers by 2012. New Delhi, Aug. 1 Third generation mobile policy couldn’t have come at a better time for cellular service providers. At a time when their average revenue per user is slipping to below Rs 250 and ...
FINANCIAL PERFORMANCE:
Tough biz climate pulls Moser Baer into losses
New Delhi, Aug 1 Moser Baer India on Friday posted a loss of Rs 103.9 crore during the first quarter ended June 2008 against a profit of Rs 9.6 crore in the year-ago period. The net loss includes a loss of Rs 28.2 crore on account of the ...
FINANCIAL PERFORMANCE:
Subex posts Rs 66-cr loss in Q1 on weak Re
Bangalore, Aug 1 Subex Ltd, a provider of operations and business support systems for communications service providers, reported a net loss of Rs 65.64 crore in the first quarter, largely hurt by the depreciation of the ...
FINANCIAL PERFORMANCE:
Aptech standalone revenue up 18%
Bangalore, Aug 1 Learning solutions provider Aptech Ltd reported an 18 per cent increase in its standalone revenue for the second quarter, sending shares up 2.78 per ...
EVENTS:
Kolkata to host ICT East 2008
FINANCIAL PERFORMANCE:
Zylog Q1 net up 31%
Zylog Systems Ltd, a Chennai-based software service provider, registered a 31 per cent increase in net profit to Rs 25.46 crore for the quarter ended June 30, 2008 compared with Rs 19.45 crore in the corresponding quarter last year. Revenues ...
TELECOMMUNICATIONS:
BSNL union plans strike over IPO
The employees union of Bharat Sanchar Nigam Ltd has decided to go on an indefinite strike if the Government goes ahead with its plan to list the company’s shares on the bourses. The BSNL Employees Union, representing all the different ...
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