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News, views, latest developments, expert opinions and analysis of the telecom industry – global as well as local – we bring everything for you in this section.

Microsoft to buy Nokia for Euro 5.44 bn

Microsoft to buy Nokia for Euro 5.44 bn

September 3, 2013 at 9:08 am 0 comments

Nokia today announced that it has signed an agreement to enter into a transaction whereby Nokia will sell substantially all of its devices & services business and licence its patents to Microsoft for EUR 5.44 billion in cash, payable at closing. Nokia expects to book a gain on sale ofRead More

Ericsson to invest $1 bn for global ICT centers

Ericsson to invest $1 bn for global ICT centers

September 3, 2013 at 8:16 am 0 comments

Ericsson is planning to invest approximately SEK 7 billion or $1 billion in the coming five years to build three global ICT centers. High-tech, sustainable global ICT centers will support R&D and services organizations to bring innovation faster to the market and will focus on new technologies like cloud. TwoRead More

Verizon acquires 45% of Vodafone for $130 bn

Verizon acquires 45% of Vodafone for $130 bn

September 3, 2013 at 8:11 am 0 comments

Top US telecom operator Verizon on Monday agreed to buy 45% of Vodafone for $130 billion, which is said to be the third largest M&A deal in the global telecom industry. Both the companies have signed an agreement in this regard. As per the agreement Vodafone will get $58.9 billionRead More

Vittorio Colao, CEO, Vodafone Group

Vodafone to invest £6 billion in Project Spring

September 3, 2013 at 6:43 am 0 comments

Vodafone plans to utilize Verizon stake sale amount for creating attractive growth opportunities for Vodafone in mobile and unified communications services. The transition to 4G and unified communications makes this the right time in the evolution of the sector for Vodafone to pursue further development and differentiation. Vodafone is executingRead More

Vodafone exits Verizon Wireless for $130 bn

Vodafone exits Verizon Wireless for $130 bn

September 3, 2013 at 6:22 am 0 comments

Vodafone has announced that it has reached an agreement to dispose of its US group whose principal asset is its 45 percent interest in Verizon Wireless to Verizon Communications, Vodafone’s joint venture partner, for a total consideration of $130 billion (£84 billion). Vodafone has agreed to dispose of its USRead More

iBall Andi launches Projector Smart Phone

iBall Andi launches Projector Smart Phone

September 2, 2013 at 6:04 pm 0 comments

iBall today launched a projector phone in the Indian market. Called Andi 4a Projector, the smartphone integrates brightness of 35 Lumens with LED light projection, contrast ratio of 1200:1. This allows its users to beam videos, photos and even movies on a screen as big as almost 10 feet byRead More

12 smartphones launched in 2.3 GHz LTE band

12 smartphones launched in 2.3 GHz LTE band

September 2, 2013 at 5:43 pm 0 comments

According to GSA (Global Mobile Suppliers Association) LTE TDD has 12 smartphones commercially available in 2.3 GHz band. LTE operators in India has been talking about lack of device ecosystem in 2.3 GHz but as per GSA 147 devices have been launched globally as of July, 2013. This number isRead More

Samsung bags 20,000 LTE base stations from Reliance Jio

Samsung bags 20,000 LTE base stations from Reliance Jio

September 2, 2013 at 4:10 pm 0 comments

Samsung has bagged 20,000 LTE base stations from Reliance Jio Infocomm, India’s only pan India BWA (broadband wireless access operator) in the country. The deal is worth US $140 million and will be deployed in top 10 cities of the country. Reliance Jio is planning to deploy a total ofRead More

Vodafone in talks to offload Verizon Wireless stake

Vodafone in talks to offload Verizon Wireless stake

August 30, 2013 at 6:16 am 0 comments

Vodafone has finally confirmed that it is in discussion with Verizon Communications, the world leader in delivering innovation in communications, mobility, information and entertainment regarding possible disposal of Vodafone’s 45 percent interest in Verizon Wireless. Founded in 2000, as a joint venture of Verizon Communications and Vodafone, Verizon Wireless isRead More

Celkon to launch ‘RahmanIshq’ smartphones after A R Rahman

Celkon to launch ‘RahmanIshq’ smartphones after A R Rahman

August 29, 2013 at 3:43 pm 0 comments

Hyderabad based mobilephone maker Celkon Mobiles has roped in music legend A R Rahman for the next series of its smartphone offerings. To be branded as ‘Rahman Ishq,’ the smartphone series from Celkon Mobile would be launched in the middle of September, sources closed to the development said. As theRead More