After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian. Coming from a country of five million people, it was natural that Norwegian telecom giant Telenor saw juicy, low-hanging fruit in the 1.2-billion Indian market. However, it underweighed the complexities and hurdles it might face while ... Rediff.com, 3 weeks ago
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[India], Mar. 1 (ANI): A Special Central Bureau of Investigation (CBI) court on Wednesday adjourned the hearing on 2G spectrum scam case till May 31. Meanwhile, Bharatiya Janata Party (BJP) leader Subramanian Swamy, who filed the plea in this regard, sought ...Sify, 3 weeks ago 2g spectrum scam: Delhi court to hear Swamy's plea Sify, 3 weeks ago
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt. In what will lead to yet another multinational exit in the telecom space, Bharti Airtel on Thursday announced the acquisition of Telenor India. It’s a no-cash deal, which will see Norway’s telco packing up and leaving the country, as business had become unsustainable. While the companies refused to speak on the size of the deal, sources in the know pegged Bharti’s cost of ...Rediff.com, 4 weeks ago
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