Telecom
Nokia in talks to sell luxury phone unit Vertu
02 May 2012
Consistent with its strategy of disposing of non-core assets, Nokia Corporation, once the world’s dominant mobile handset maker, is in talks to sell its UK luxury phone unit Vertu to private equity firm Permira
Vodafone heads huddle with Pranab over ‘retro’ tax; but no luck yet
02 May 2012
The move to amend tax laws with retrospective effect is seen as mainly aimed at extracting over Rs11,000 crore from Vodafone over its 2007 buy-out of Hutchinson Whampoa’s majority stake in what was then Hutchinson Essar
TDSAT stays DoT’s Rs37-crore additional penalty impost on Airtel
02 May 2012
In an interim order, issued today, Telecom Disputes Settlement Appellate Tribunal stayed DoT’s demand notes imposing a penalty of Rs36.94 crore on Airtel
Telecom Commission asks TRAI to clarify 2G pricing proposals
30 Apr 2012
There has been considerable controversy over the norms proposed by the TRAI for bidding; including high base price, sale of small amounts of spectrum at a time, and allowing established players to bid for more spectrum
2G auction to be launched by mid-June, says DoT
30 Apr 2012
Telenor writes off Indian assets; set to exit country
30 Apr 2012
Telenor says it will exit India if the government accepts TRAI's proposals to auction airwaves at 13 times the price used in 2008
Telcos blast TRAI proposals on fresh 2G auction
28 Apr 2012
Inter-ministry panel opposes TRAI on fresh 2G auction
28 Apr 2012
An inter-ministerial panel set up to supervise the upcoming auction for 2G airwaves has opposed Trai's move to allow mobile phone companies to stagger their payments for spectrum bought through bidding
SC extends spectrum auction deadline by 3 months
25 Apr 2012
SC extends deadline for 2G spectrum auction to 31 August
24 Apr 2012
The SC also allowed all telecom service providers with cancelled licences to operate till 7 September 2012
TRAI proposes Rs3,622 crore reserve price for 2G spectrum auction
23 Apr 2012
TRAI today proposed a reserve price of Rs3,622 crore for auction of 2G spectrum, much higher than the price operators paid for the radio waves during the previous allocation.
Vodafone acquires CWW for £1.04 billion
23 Apr 2012
Telecom giant Vodafone today said it had clinched a deal for the acquisition of British firm Cable and Wireless Worldwide (CWW) for about £1.04 billion
UK’s CWW PLC to accept Vodafone bid
23 Apr 2012
Vodafone approached C&W Worldwide, owner of the largest fibre-optic network in the UK, in early February beating competition from Tata Communications
Nokia loses patent case against IPCom in Germany
20 Apr 2012
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