RCOM, Lodha Group Dollar bonds called off
Reliance Communications and Lodha Group Dollar bonds were called off after fund raising plans failed to generate response among US-based investors, according to reports. Report said that this move came due to poor market conditions and pricing issues. Lodha was planning to raise $350 mn and Reliance Communication was to raise $225 million from their debut US dollar bonds, reports added. RCom had launched its 5 year bonds on Monday with an initial price guidance in the 6.5% area. A day later, Lodha offered 5 year bonds at a mid-high 10% initial guidance.
Govt plans to conduct 3G spectrum auction
The government is planning to conduct 3G spectrum auction along with 2G radiowaves sale in February, says report. Report said that DoT requested Trai to expedite the process for its recommendations on the reserve price of 2100 Mhz band. The regulator said that the Department of Telecom is in talks with the Defence Ministry for the vacation of the band and there are three possible scenarios under deliberation.
ZTE introduces Grand S II for Indian market at Rs. 13,999
ZTE launched Grand S II adding yet another smartphone to its portfolio which will be available exclusively on Amazon.in. Grand S II will allow users to experience multitasking seamlessly and take high-end mobile and video gaming to the next level. Grand S II has an interesting selection of specification with a sophisticated 5.5 inch multi-touch and full HD screen display. It has commendable performance and is powered by high speed Qualcomm Snapdragon 800 processor with a quad core CPU, supported by a battery of 2500 mAh. The handset has a rear camera of 13 mega pixel and front camera of 5 mega pixel making it a photographers delight. It has a 2GB RAM with inbuilt storage capacity of 16 GB which can be further added with extra 32 GB. The smartphone has an Android OS supported by UI Mi Favor permitting users flawless multitasking capabilities.
Spice launches Stellar 520n exclusively on Amazon.in
Spice Mobiles launched the Spice Stellar MI 520n exclusively on Amazon today, further expanding its Stellar smartphone series. The phone is equipped with a 1.3 GHz Quad Core Processor and a majestic 5 inch HD IPS display offering a superior resolution for a premium graphic experience. The Android KitKat based smartphone uses the OGS technology with full lamination for a 8.3mm slim design that lends an impressive look to the phone, giving it an edge over its competitors in the segment. The new smartphone is 3G enabled and runs on the latest Android 4.4 KitKat OS, with its powerful 1.3 GHz Quad Core Processor speeding up the running of apps, games, data and media. The Stellar 520n has a sleek aesthetic design and comes bundled with 3 colorful back panels in red, yellow and white and a flip cover lending a premium finish to the product.
Lenovo packs a powerfully compact smartphone with the all new S580
Lenovo announced the launch of S580, a new addition to its popular S-series smartphones. The S580 combines sleek design elements with quad-core performance, laser-etched fabric-feel rear cover and 12.7 cms (5) wide-view HD display for an overall impressive mobile user experience. Powered by a 1.2GHz Qualcomm(R) Snapdragon(TM) quad-core processor running on Android Jelly Bean (upgradable to Android 4.4 KitKat), the S580 smartphone delivers smooth and responsive gaming, music and videos. The compact and lightweight design with laser-etched fabric-feel rear cover adds the style quotient, while the 8MP rear and 2MP front cameras gives users the best shooting experience.
Truecaller passes 100mn users as company brings new intelligent & predictive features
Truecaller, a leading search technology company that is transforming your phonebook to make it more intelligent and useful, today announces the launch of the new Truecaller on Google Play. The new update focuses on predictive style features, which suggests who to contact based on call history, time of day, and place, making it convenient, so you never have to leave the app to find the right contact information. Already one of the world's fastest growing startups, Truecaller also announces that it has surpassed 100 million users globally, and has doubled its daily new users in less than 3 months. Consumers use Truecaller to identify unknown numbers, block unwanted calls, and search contact information among people and businesses. In addition to the surge in the user base, Truecaller also receives more than 1.5 billion search requests per month.
Gemalto teams up with Chunghwa Telecom for its commercial launch of NFC services
Gemalto has teamed up with Chunghwa Telecom to secure their mobile NFC services. This commercial launch, supported by MasterCard and four leading Taiwanese banks, uses Gemalto's UpTeq Multi-tenant NFC SIM and embedded software to host mobile payment and Mifare transit purse on a single card. This enables Chunghwa Telecom's subscribers to pay for a variety of goods and services, including rides on Taipei's crowded metro trains and buses, with a simple tap of their NFC phones on a contactless reader. Gemalto's NFC SIM solution provides banking-grade security for mobile contactless transactions. The Taiwanese are the most frequent users of smartphones in the Asia Pacific region1 and this deployment will pave the way for more service providers to come onboard and deploy mobile contactless services in the country.
mCarbon ties up with Reliance Comm as technology partner for Talkloan
mCarbon announced that it has facilitated the technology for RCOM's "Talkloan" Service - a credit facility that enables its users to make urgent and important calls when they run out of account balance. Speaking on the occasion, Rajesh Razdan, Co-founder and CEO, mCarbon said "mCarbon has been relentlessly working towards adding value to a customer experience by enabling revolutionary services like Talkloan, which cater to those in need. The service while being designed to put the telecom operators back into the centre of prepaid user's lives, leverages on deep consumer analytics and usage patterns to enhance customer service and drive revenues from increased usage"
Videocon Telecom invests approx Rs. 130 Cr to 2.75G EDGE
Videocon Telecom announced their network upgrade to 2.75G EDGE (Enhanced Data for GSM Evolution), which is a 3G standard Technology. This 2.75 G EDGE Network is capable of delivering consistent speeds up to 473.6 Kbps which is almost 6 times the maximum speeds delivered by conventional 2G Network.
The company's strategy to upgrade to 2.75G EDGE Network is based on the fact that very large audiences of approx 80% of Mobile internet users still have 2G handsets and can be catered to by an enhanced 2.75G EDGE Network. Further, the 3G telcos offer 3G Network only in select pockets, which deteriorate the customer experience while moving from 3G pocket to 2G network. here with a seamless 2.75G EDGE network, the telco will be able to offer a seamless network and experience to the Customers.
Celkon patner with Microsoft for a series of Windows based models
Celkon Mobiles one of the leading Indian mobile brands launched WIN 400 - its first ever Windows based phone, powered by the Qualcomm Snapdragon 200 processor. Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc, Through this partnership, Celkon will not only explore newer segments but will also be better positioned to give a wide range of offerings to its existing customers.
Apart from being the 1st ever Windows powered model, the WIN 400 also packs in delightful features and exciting specs for the range. The dual sim model comes with a 1.2GHz Quad-core processor and Windows 8.1 OS, the latest in the series. The phone also has a 5 MP Rear Camera AF with Flash Light and 1.3 MP Front Camera. WIN 400 provides full 3G support with a 4.0"WVGA Display. The model comes with GPS and Bluetooth - 4.0 V along with Wi-Fi 802.11 to enable faster data surfing and connectivity. Backed by a powerful 1500 mAh Lithium Ion battery.
Now carry forward your unused data benefits with Tata Docomo
Tata Docomo pre-pay users can now carry forward their unused data benefits before their existing data pack validity expires. Users can now carry forward their unused data balance, for 2G by recharging with a 2G data pack and for 3G by recharging with a 3G data pack before their existing data pack validity expires. Suppose the customer has a 3G balance of 500MB data left and the validity is left for just one day and then the user recharge which gets him another 300 MB data for another 28 days. So now the users will be able to carry forward the unused 500 MB data along with 300 MB data bringing the total free usage quota to 800 MB.
Gurinder Singh Sandhu, Head Marketing - Mobility, Tata Docomo said, "At Tata Docomo, our endeavour is to continuously simplify the lives of our customers by introducing liberating products and services. With this service on prepaid, our data customers can now carry forward their unused data balances by just topping up their existing data pack within its validity thus delivering a worry-free and abundant internet experience"
PAYBACK and Samsung Mobiles enter into a strategic partnership
PAYBACK extends its partnership base into a new category with Samsung Mobiles, India's No 1 mobile phone brand. This partnership marks the entry of PAYBACK into the manufacturing segment, and is also the first time a mobile brand has ventured into a multibrand loyalty program. PAYBACK Members will now be able to redeem their points directly at select Samsung mobile stores. Samsung users,on the other hand, will get the opportunity to be part of the exclusive 'My Samsung Rewards' program that enables them to earn and redeem PAYBACK Points across 50 PAYBACK Partner brands in-store and online.
ATC plans to acquire 51% stake in Viom Networks
American Tower Corp (ATC) is planning to acquire a 51% stake in Viom Networks, according to reports. Report said that the deal may be valued at worth $900 mn-$1 bn. Viom is majority-owned by the Tatas (54%), who hold the stake through unlisted telecom arm Tata Teleservices. Srei owns around 18.5% while the rest is held by PE funds including IDFC Private Equity, SBI Macquarie, Oman Investment Fund, GIC of Singapore and AMP Capital, says report.