Bharti Airtel eyes African telcos
After Airtel’s ventures in Bangladesh, The Bharti Airtel Group is now looking for a stake in public sector telecom companies in various countries of the African continent. Talks are on for Bharti Airtel’s plan of a $24-billion merger with South African telecommunication giant MTN. According to Mr. Mittal of Airtel the high pricing of cellular services is what attracts them to the African countries. He also hinted about a better telecom sector after the privatisation (that is after the Airtel – MTN merger) in South Africa. Plans are also on for investments in Nigeria – the country is looking to attract $10 billion worth investments from India in the next five years, including in sectors like telecom.
Mobile transactions daily limit increased to 50K
Its time to rejoice for mobile commerce users as the RBI (Reserve Bank of India) has finally decided to increase daily transaction limit on mobile commerce (transactions) to Rs 50,000 from the earlier cap of Rs 5,000. This is a real blessing for people who use mobile commerce to the core.
Ajay Adiseshann, founder and managing director of mobile commerce company PayMate says “With the credit limit going up, which I see as an indicator of RBI’s confidence in the medium, I think, my m-commerce bills, as a consumer, might just go up”.
Tata Photon launches prepaid services
We had earlier told you about the launch of Tata Photon TV and it’s prepaid tariffs. Tata Teleservices has finally brought prepaid services to Tata Photon in Kerala. The prepaid services are available in form of vouchers in various denominations such as Rs 200, Rs 500, Rs 700, Rs 850, Rs 1,000 and Rs 2,000 offering a bundle usage of 250 MB, 650 MB, I GB, 2 GB, 4 GB and 5 GB, respectively, with 30 days validity. As an introductory offer all new Tata Photon plus prepaid connections will get free 10 GB usage for the first month.