Tumbling voice tariffs contributing to the declining average revenue per user rates, will result in SMS volumes to reach 191.6 billion in India by 2013.
CDMA operators today slammed a report of the DOT spectrum committee on airwave allocation, saying it is 'highly inclined' in favour of the GSM operators.
SSTL a JV between the Russian firm Sistema and the Shyam Group, said it will start the process of listing its Indian operations on the local bourses by next year.
The government has allowed Max group chairman Analjit Singh and former Vodafone-Essar CEO Asim Ghosh to part-sell their respective stakes in Vodafone-Essar Ltd to Vodafone plc. Singh stands to make Rs 533 crore and Ghosh Rs 329 crore from their divestment. With the Rs 862-crore purchase, the UK company’s stake in India’s second-largest GSM mobile operator will rise 6% to 58%, well below the 74% sectoral FDI cap.
The 3G spectrum auctions, scheduled from January 14, could be headed for yet another controversy. The government-appointed firm for conducting the e-auctions, NM Rothschild, is an advisor to Aircel, the country's seventh largest mobile operator, to help it find a buyer for its tower business.