Telenor Abruptly Shuts Down In Mumbai

Telenor
Subscribers to Uninor, the Joint Venture (JV) between Norwegian Telecom group Telenor & Realty Company Unitech Ltd, were in for a rude shock as the company abruptly shut down its services in Mumbai. Post Saturday 16th midnight, Uninor’s entire subscriber-base, amounting to 1.8 Million (as of December) was faced with a non-working SIM / No network. The company is apparently following the Supreme...
0 comment

Indian Telecom Operators Lose Millions Of Subscribers Each In August: Exodus Or Correction?

Mobile-Subscriber-base-August-2012
As a reader of our site, you may have noticed that usually we come across news of Telecom Operators passing new milestones, getting more and more subscribers. Numbers always seem to be rising. With Mobile Number Portability, operators were forced to step up their game and fix nagging issues with their networks, launch more competitive schemes. However, in August 2012, we have seen a regression happening....
0 comment

Unitech Actually Pays Rs. 25 Crores To Part Ways With Telenor. Uninor May Survive Afterall

BL11_UNINOR1_1234261e
Realty Company Unitech Ltd & Norwegian Telecom group Telenor had jointly started a mobile telecom service known as Uninor. After 5 years of mutually holding the reins of 45 Million subscribers, the JV has dissolved. Though the JV was mutual, unfortunately we cannot the same about their relation. Ever since the Supreme Court cancelled 122 Licenses pertaining to 2G Spectrum allocation, the two companies...
0 comment

Telenor & Unitech Go Their Separate Ways; Uninor No More?

BL11_UNINOR1_1234261e
Realty Company Unitech Ltd. & Norwegian Telecom group Telenor’s Joint Venture (JV) has officially come to an end. Telenor has not only dissolved the JV, but announced its intention to set up a separate entity in India with a new partner. The ailing JV Uninor had long been a mute sufferer owing to the bitter spat between the two companies. Through meticulous planning, Telenor had successfully...
0 comment

One97 Liquidates Its Holdings In Social Mobile Gaming Firm – TheMobileGamer

S
Mobility Fund house One97 has liquidated its stake in Singapore based TheMobileGamer (TMG). The deal comprises of complete reshuffle of shares held by previous stock-holders. The newly issued shares will be equally held (41.08%) by telecom firm SingTel and Japan’s Softbank. TMG is primarily involved in developing mobile gaming software. It publishes social themed mobile games. These are subsequently...
0 comment

GSM Telecom Companies Lose Customers In Millions; Industry Entering Consolidation Phase?

business_failure
The Indian telecom sector seems to be undergoing wide-spread customer attrition with all the GSM players including Airtel, Vodafone & Idea loosing over 7 Million subscribers. The dream of hitting 1 Billion subscribers seems like a distant dream as the country’s total GSM subscriber- base has come down to 671.95 million, confirmed Cellular Operators’ Association of India (COAI). The top...
Comments Off

Indian Telecom Industry Witnesses Its First Ever Subscriber Slowdown

falling-graph
The Telecom Regulatory Authority of India (TRAI) has released data which shows that mobile subscriptions are falling. The data shows that subscriptions fell from 965.52 million in June to 944.81 million in July, a difference of 20 million and that too just in one month! This marks the first ever telecom subscriber decline witnessed by a country where the telecom segment flourished like no other in...
0 comment

Government Allows Foreign Mobile Companies To Bid Separately In The Upcoming 2G Auction

By aripeskoe2 [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
The upcoming auction for the 2G Spectrum allocation could see foreign telecom companies acting alone. The Indian Government has given the green signal to allow international mobile service providers to participate in the bidding process independently. So far, the companies had to mandatorily have an Indian or domestic partner to even consider entering the Indian market. However, the latest amendment...
0 comment

NTT Docomo Not Happy With Tata’s Performance In Joint Venture; Plans To Exit?

images
Japan’s NTT Docomo which holds a 26% stake in Joint Venture (JV) Tata Docomo with Tata Teleservices is disappointed with Tata’s performance. According to Docomo, Tata has has not performed up to the promises made when signing on the Joint Venture. Hence, it is contemplating either a complete exit or increase its own stake to a controlling one. What went wrong? India may be witnessing a very healthy...
0 comment

Telenor To Auction Indian Venture; Will Unitech Be Out?

telenor_logo
Telenor, the company which is the technological partner with Unitech, has received approval from its board members to auction off the telecom business under the Uninor brand. Unitech, the only other partner had been vehemently against this auction, but looks like the decision has been made. Coincidentally, the telecom company had begun to show signs of a breakdown with it announcing closure of its...
1 comment