RIL arm may buy stake in RCOM tower subsidiary Infratel: reports
The telecom arm of Reliance Industries, owned by Mukesh Ambani, may acquire a stake in Reliance Infratel in a complex deal that also includes leasing as many as 50,000 towers, according to reports.
Reports stated that the stake sale may be valued at $3.5-4 bn ( Rs 187.89-214.71bn) for the company.
There are reports that the deal may be inked next month.
The chief executive officer (CEO) of Reliance Communication's wireless business was quoted as saying " the company is in talks with three telecom operators for tower-leasing deals."
There are also reports that deal may be negotiated between RIL's Infotel Broadband, buying 15-25% in Reliance Infratel, RCOM's tower.
Telecom majors Bharti Airtel and Idea Cellular Ltd. have increased their call rates by 100%. Airtel increased the call rates from 1Re/min to Rs.2/minute while Idea has increased the tariff from 1.2p/second to 2p/second, said the reports.
According to reports, Airtel is slashing free minutes by almost 25% while increasing the prices of some vouchers by Rs.5-15 in the prepaid segment. The prices will be hiked in a phased manner across all 22 telecom circles or zones. The proposal to hike the call rate tariffs has been submitted to telecom regulatory body TRAI.
The stock of Airtel has rallied after the decision came out. Bharti Airtel is up 3.3%, the share is currently trading up at Rs.363.80 up by Rs. 12.30. It hit a high of Rs. 367 and a low Rs. 350.25. Total traded quantity at the counter stood at 13.6 lakh shares.
Anil Ambani's company Reliance Communications is negotiating network sharing deal with Mukesh's Reliance Industries which is slated to launch fourth generation (4G) services, according to reports.
There were reports that the negotiations are largely over pricing with RIL.
If the deal confirms, it is likely to involve RIL leasing capacity on 30,000 out of the 48,000 towers held by Reliance Infratel, says report.
Samsung Electronics and Apple both dominated semiconductor demand in 2012, although Samsung overtook Apple as the top worldwide semiconductor customer, according to Gartner, Inc. Based on analysis of the design total available market (TAM), Samsung and Apple together consumed $45.3bn of semiconductors in 2012, an increase of $7.9bn from 2011, to represent 15% of total semiconductor demand, while the total semiconductor market decreased by 3% overall.
"Although Samsung and Apple continue to go from strength to strength, other leading electronic equipment makers fared less well, and six of the top 10 reduced their demand in 2012," said Masatsune Yamaji, principal research analyst at Gartner. "In addition to a weak macroeconomic situation, a dramatic change in consumer demand contributed to a reduction in semiconductor demand in 2012. The PC market still represented the largest sector for chip demand, but desktop and mobile PCs did not sell well, as consumers' interest shifted to new mobile computing devices like smartphones and media tablets. This shift caused a substantial decrease in semiconductor demand in 2012, as the semiconductor content of a smartphone or a media tablet is far less than that of a PC." Read more
Bharti Airtel, a leading global telecommunications company with operations in 20 countries across Asia and Africa launched Airtel Dynamic Mobile Exchange (DME) for corporates. The solution allows the workforce to access enterprise data from anywhere on a device of their choice, in a secure manner thus enhancing the business productivity while meeting mobile data security requirements of the enterprise.
With ever changing business environment and with more demanding customers - ubiquitous mobile is emerging as an alternative that helps in maintaining better work-life balance.
From field-force to in-house executives, employees prefer to use personal smart phones and tablet for official work. Keeping pace with this demand, the concept of Bring Your Own Device (BYOD) is gaining momentum and therefore security of data sitting on these devices are paramount for every organization. Airtel DME ensures seamless implementation of the Enterprise BYOD concept without compromising on corporate data security. Read more
Reliance Communications Ltd has posted a net profit after Taxes, Minority Interest and Share of Profit of Associate of Rs. 1050.00mn for the quarter ended December 31, 2012 as compared to Rs. 1860.00mn for the quarter ended December 31, 2011.
Total Income has increased from Rs. 50550.00mn for the quarter ended December 31, 2011 to Rs. 53010.00mn for the quarter ended December 31, 2012.
Wireless Revenue & EBITDA: Q3 wireless revenue up 4.7% y-o-y on comparable basis. Q3 wireless EBITDA up 15% y-o-y on comparable basis.
RPM: RPM stood at a healthy 44 paisa. We have successfully achieved RPM stability for the last 11 consecutive quarters amidst increasing competition and over supply of minutes in market place. Read more
Union Minister for Communications and IT, Kapil Sibal inaugurated the Specific Absorption Rate (SAR) lab, which will audit the SAR values of mobile phones; and the Next Generation Network (NGN) lab in the Telecommunication Engineering Centre (TEC). Sibal pointed out that while world standards with regard to SAR had been adopted earlier, we are adopting even more stringent standards as in the USA, Brazil, China and in some other countries. He underlined that health safeguards have to be a priority. The minister asked the TEC to prepare their equipment for testing 4G and also 5G.
Specific Absorption Rate (SAR) lab in TEC
The Telecommunication Engineering Centre has commissioned a Lab for measurement of Specific Absorption Rate (SAR) for the mobile handsets. SAR is closely related to electric field strengths produced inside human body tissues while making calls. Lower the value of SAR, safer the mobile handset for the human use. Read more
The GSMA announced that it has appointed Dr. Wang Jianzhou, former Executive Chairman of China Mobile, as a senior advisor to the GSMA. In this role, Dr. Wang will work closely with GSMA Chairman Franco Bernabe and the GSMA Board to identify new opportunities in and advance key initiatives for the mobile industry.
Dr. Wang held executive roles at China Mobile from 2004 to 2012, most recently holding the position of Executive Chairman. Prior to China Mobile, Dr. Wang spent four years at China Unicom, holding the roles of President and Chairman. Before joining China Unicom, Dr. Wang held a number of public offices, including the Director General of the Department of General Planning of the Ministry of Information Industry. A professor-level senior engineer with extensive knowledge and more than 30 years of experience in the telecommunications industry, Dr. Wang is widely hailed as visionary and has been recognised globally for his accomplishments. Dr. Wang was awarded the Chairman's Award from the GSMA in 2011 and was also the recipient of the 2010 ITU World Telecommunication and Information Society Award.
"During his tenure at China Mobile, Dr. Wang led the company in the introduction of many new and innovative business models, services and technologies, as well as corporate social responsibility initiatives, growing the company into the world's largest mobile operator," said Franco Bernabe, Chairman, GSMA and Chairman and CEO, Telecom Italia Group. Read more
Nandan Nilekani, Chairperson of UIDAI and Chairman of the Expert Committee on HR Policy for e-Governance, along with some Members of the Committee, presented the Report of the Committee to the Union Minister for Communication and Information Technology, Kapil Sibal.
The first meeting of the Prime Ministers Committee on National e-Governance Plan, held on 23.11.2011, while observing that lack of qualified human resources, in sufficient numbers, is the biggest constraint in the adoption of e-Governance, had approved the preparation of an HR Policy for taking NeGP forward. Pursuant to the decision of the PMs Committee, an Expert Committee was constituted under the Chairmanship of Nandan Nilekani, Chairperson, UIDAI to recommend the HR framework and policy for e-Governance, which would address the need for harnessing talent from the government as well as from the open market. The Committee included senior officials from different Ministries of the Government of India, representatives from the State Government, NASSCOM and other experts. Read more
Sun TV Network Ltd has posted a net profit of Rs. 1898.80 m for the quarter ended December 31, 2012 as compared to Rs. 1678.80mn for the quarter ended December 31, 2011.
Total Income has increased from Rs. 4483.20mn for the quarter ended December 31, 2011 to Rs. 4964.10mn for the quarter ended December 31, 2012.
Nokia Lumia Your Wish Is My App receives 35,000 app ideas across India
Nokia India, unveiled the first look of the much awaited app reality TV show, Nokia Lumia Your Wish Is My App. Announced in December, the first of its kind initiative has received a staggering 35,000 + app ideas from consumers and enthusiasts across India. Nokia also unveiled the fifth judge of the show - Bollywood actress and youth icon, Kalki Koechlin, who joins Rajiv Makhni, NDTV Managing Editor & Tech Guru, Vishal Gondal, Managing Director-Digital, DisneyUTV, Raj Chinai, Venture Capitalist & Co-Founder, Harvard Business School Alumni Angels, and Vikas Khanna, New York based Michelin Starred Celebrity Chef.
Nokia in association with NDTV launched the first of its kind initiative that gave consumers the unique and exciting new opportunity to submit killer mobile app ideas that have the potential to be developed into successful apps for the Windows Phone Store. As part of this campaign, the top 42 shortlisted consumers with the most exciting apps suggestions would be called in to participate in the worlds first app reality show and stand a chance to win Rs 1mn. The full tech-auctioned 9 episode reality show will be aired on NDTV starting February 9th and will see consumers present their ideas in front of the esteemed panel of judges. Read more
Samsung Electronics, the number one smartphone provider in India, announced the launch of the Samsung GALAXY Grand, a revolutionary smartphone that promises to redefine Smartphone experience for consumers.
Samsung GALAXY Grand is powered by Android 4.1.2 (Jelly Bean) operating system and runs on a 1.2 GHz Dual Core processor. Even though it supports a massive 5.0 screen with WVGA TFT display powered with mDNIe technology, the device is incredibly slim and comes with an ergonomic design which makes is comfortable to hold. The vivid display provides an expansive viewing experience rendering messaging, multimedia and Web content in brilliant color and clarity. The device also sports the Multi Window feature that allows seamless multitasking and running of multiple applications simultaneously without having to switch screens. Read more
Nokia India launched the Nokia 114 as it continues to accelerate its strategy of connecting the next billion consumers to the Internet. Designed to appeal to young and hyper-social consumers who want a fast and affordable online experience, the phone comes with the innovative, cloud-accelerated Nokia Xpress browser, which allows up to 85% more efficient mobile browsing.
The Nokia 114 is perfect for communicating across social networks, with direct access to Facebook and Twitter from the home screen. The device comes with a stylish, metallic key mat which is well-spaced to ensure easy typing. The Nokia 114 is priced at Rs. 2,549. Read more
Sansui Mobiles, Sansui is one of the leading brands in Consumer Appliances across the world. Keeping in mind it's brand equity, Sansui Mobile Phones has announced the addition of new, feature-rich phones to its hugely successful S Series, with brighter and vibrant displays, marathon batteries, loud sound and with a gamut of applications, all at affordable prices.
With the introduction of the S23 and S30 phones, Sansui Mobile Phones intends to provide the consumer with technologically rich, yet value-for-money propositions, including the latest applications, features like Dual SIM capabilities, FM Radio, Torch, Bluetooth, High Quality Sound, Digital Camera, Powerful Battery and Sleek, Stylish designs.
The S Series brings to the new-age mobile user of variable features which makes it one of the most pertinent mobile phone ranges available in the Indian mobile market. The S23 offers a vibrant 1.8-inch Display, whereas the S30 comes fitted with a rich 2.2-inch Display that makes the screen brighter enough to deliver high quality visual content to the customer. The S23 come with a 1000 mAh battery and the S30 comes with an 1800 mAh battery, ensuring longer usage and standby time. Read more
Symphony Teleca and Discretix collaboration accelerates Android OMA DRM deployments
Symphony Teleca Corporation, the services organization dedicated exclusively to helping clients manage the global convergence of software, the cloud and connected devices and Discretix, the leading provider of field-proven content protection and embedded security solutions, has announced the successful deployment of multiple Android devices using its Open Mobile Alliance Digital Rights Management (OMA DRM) v1.0 solution.
OMA DRM is a widely deployed DRM scheme, used by hundreds of mobile operators in the United States, Europe, Asia and Latin America for securing video, music and ringtone services. To support the OMA DRM v1.0 scheme, Android requires adaptations to all multimedia applications. Read more
Comviva, the global leader in providing mobile VAS solutions, announced that it has engaged AdaptiveMobile, the world leader in mobile security, to provide operators with the most comprehensive network-based web and message content filtering solution.
This collaboration will help operators to leverage monitoring and advanced security techniques to protect their network, subscribers and enterprise customers against the growing threat of mobile abuse.
The web and message content filtering function will allow service providers to perform a complex assessment of the content of messages and data, looking for specific text combinations or even the content type (music and picture files). Read more
Jabra announced the launch of the SPEAK 510 Speakerphone with Bluetooth. Jabra SPEAK 510 is the perfect audio companion; anytime anywhere, whether on the move, at home, listening to music or attending conference calls. Using plug-and-play connectivity, Jabra SPEAK 510, makes sure that the user is just seconds away from virtual meetings and hands free conversations. It can be connected via Bluetooth to the PC, tablet or smartphone.
Jabra SPEAK 510 is designed for professionals with an everyday need for audio conferencing or simply hands-free calls. It functions as a light-weight audio device with its compact design and convenient travel case and 15 hours of battery to keep the conversation alive. The crystal-clear omni-directional microphone means attendees all around the speakerphone can hear and speak clearly making it ideal for one-to-one and smaller group conference calls. Read more
India Infoline Research Team / 08:59, Sep 02, 2014
The indices are expect to open on a positive note. Some profit booking could always set in later in the day.