Telecom articles

Maran brothers discharged in telephone exchange scam

A special CBI court in Chennai today discharged former Union minister Dayanidhi Maran and his brother Kalanithi Maran in the “illegal” telephone exchange case. According to the CBI, Dayanidhi Maran, during the check period of June 2004 to December 2006, when he was the Union minister for communication and information technology, misused his office and

Nokia, Ericsson spot huge biz potential in telecom sector consolidation

With consolidation becoming a reality and the Indian telecom sector set to have just three private mobile players soon, network equipment providers such as Nokia and Ericsson are seeing it as an opportunity. They say healthy operators are good for their business. This is because the mobile operators need to invest heavily in infrastructure to

Bharti Airtel approves issue of debentures to raise Rs 3,000 crore

India’s largest telecom operator Bharti Airtel today said its committee of directors has approved the allotment of 30,000 debentures, for raising about Rs 3,000 crore on private placement basis. The proceeds of the issue would be used for general corporate purpose including routine treasury activities and refinancing of existing debt and spectrum liabilities, the company

Finland takes stake in Nokia to boost national ownership

Finland’s government investment arm Solidium has acquired a 3.3 percent stake in Nokia at a cost of about 844 million euros ($1.04 billion) to strengthen Finnish influence over the telecom network gear maker. “We believe that this will be a good investment. One must remember that Nokia is Finland’s largest company and its Finnish ownership

Bharti Airtel board approves mega Rs 16,500 crore fund-raise

The Bharti Airtel board on Monday approved plans to raise upto a whopping Rs 16,500 crore through a mix of privately placed non-convertible debentures (NCDs) and a foreign currency bonds float for conducting treasury operations, including refinancing of debt and spectrum liabilities. “Subject to approval of shareholders and other requisite approvals, the board of directors

Bharti Airtel launches VoLTE services in Kolkata

Bharti Airtel 4G users in Kolkata can look forward to a superior calling experience in terms of quality and faster connections with the market leader launching voice over LTE (VoLTE) services in the city Monday to take on rival Reliance Jio at its own game. “Airtel VoLTE, which works over 4G, will enable customers across

Blackberry sues Facebook, WhatsApp, Instagram over messaging app patents

Canadian multinational company BlackBerry Limited on Wednesday filed a lawsuit against social media giant Facebook, alleging that the platform and its subsidiaries WhatsApp and Instagram infringed on BlackBerry messaging app patents. BlackBerry claimed that the company’s proprietary and patent-protected messaging product BlackBerry Messenger (BBM), was a cornerstone of modern mobile communications. The company is now

Apple fans finding iPhone X ‘too expensive’ for upgrade

Unlike what Apple had expected, the response to its super premium iPhone X has been lukewarm as many existing users believe that the device is too expensive, a top analyst with asset management firm Piper Jaffray has said. “According to Apple news site PED3.0, Michael Olson, a senior researcher with Piper Jaffray found that 44

Regulatory policies must change to cater to digital world: TRAI chief

Policies of the physical world cannot be simply “exported” to the digital world which is seeing rapid technological advances such as artificial intelligence (AI) and convergence of devices, Trai Chairman R S Sharma said today. Speaking at Convergence India 2018, he noted that while there is convergence of pipes as also communication devices, the advent