Vodafone IPO To Be Further Delayed; Want Piece Of 2G Spectrum Pie

We had reported earlier that Vodafone, fresh out of the Vodafone-Essar partnership, has plans to file an IPO. Being the second largest private Telecom company in the country, this caused an expected stir in the market.However, Vodafone had made it clear that they were in no particular rush to file. They had agreed internally that once three events take place, they would go ahead with the IPO. They...
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Vodafone To File For IPO. Essar Not Part Of It. New Changes?

With Essar abandoning the Vodafone- Essar Partnership, Vodafone India Limited [VIL] is one step closer to a partial stock market listing of its Indian operations. As Essar sold its stake in Vodafone India, Piramal Healthcare has bought it for a UK £ 385 Million cash! With just 5.5 per cent stake changing hands, the valuation of VIL now stands at UK 7 Billion. Though the Indian IPO can only be filed...
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Essar Seeking For New Foreign Partner to expand their Mobile Retail Arm

The Essar Group has plans to pump its mobile retail brand: The Mobile Store with a new foreign partner soon. In 2007, Essar had entered a tie up with Richard Branson’s Virgin Mobile to open The Mobile Store outlets across India, Selling cell phones and its accessories. On 30th April this year, the agreement came to an end and was not renewed.The Mobile Store, which is said to have a 50% market...

WATShow With Kumar Ramanathan Of Vodafone Essar On 3G In India

We caught up with CMO of Vodafone Essar Mr. Kumar Ramanathan and questioned him on the opportunity posed by 3G in the Indian market. Watch the exclusiv e WATShow below with him.. httpv://www.youtube.com/watch?v=G5FDOKLLYK0 Watch More such videos on WATShow.com
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Essar on a Roll – Acquires AGC and Revamps Board

For a group that is as big and versatile as Essar, it could seem simple and smooth to achieve an acquisition like that of AGC Networks. Simple and smooth it was for Essar Group that has its presence in more than 13 business sectors to purchase AGC Networks; which also is a pioneer in the Enterprise Communication Solutions business. Essar has finally concluded the buyout wherein the acquisition contract...
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DoCoMo Initiated 1 paisa/sec Goes International Via Videocon – Call US, Canada

We are set to witness another tariff war after the 1 paisa/sec billing that Tata Docomo brought about roughing up quite a few established telecom operator feathers, Videocon has drawn first blood in the international calling rates. Arvind Santhanam, Chief Operating Officer of Videocon Telecommunications, unveiled the brand’s new 1 paisa/sec calling voucher for international calls to the United States...
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Telecom Roundup: Essar Eyes African Telecom, 3G Auction Postponed

Essar Eyes African Telecom It seems that Africa has become a de facto ground for any Indian Telecom company that is planning to invest abroad and why should it not be? African nations are undergoing a development phase and major changes and naturally become a sweet spot for the investment in various avenues. The average mobile penetration for the continent is 37 per cent, expected to rise to 61 per...
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Vodafone to HC:Wont pay any taxes!

  When $2.1 billion is at stake, one shouldn’t be surprised if someone shows the urgency that Vodafone is showing. It began its argument in earnest in the Bombay high court on Monday by strongly opposing against ,”an imposition of penalty” . Vodafone International Holding is challenging the show cause notice issued last September to it by the Income Tax department in Mumbai...
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Indian Entrepreneurs Count Gold On The Social Networking Business Model!

Social Networking has taken up Indian entrepreneurs with awe. As web 2.0 sites like orkut are filled with loads and loads of profiles of Indian youngsters and others, Indian entrepreneurs are starting to count gold on the social networking business model. There are two instances where in Indian entrepreneurs have found gold.   The first instance is about a young lad. Vivek Pahwa, a 26 year graduate...