Mohit

The Infosys-incubated and India’s largest value-added services (VAS) operator OnMobile is acquiring Voxmobili SA, France’s leading telecom solutions company, for about Rs 150 crore. The acquisition will help the Bangalore-based OnMobile expand its operations in Asia to the Pacific, Australia and the US. A formal announcement is expected as early as next week. Voxmobili, headquartered […]

Betting big on the buoyant telecom sector in India, Quipo Infrastructure Equipment Ltd will invest Rs 6,750 crore over the next two to three years to set up nearly 25,000 telecom towers across the country. The company, promoted by infrastructure leasing firm SREI, would make the investment through its telecom subsidiary — Quipo Telecom Infrastructure

After setting up Reliance Infocomm, which was later handed over to Anil Dhirubhai Ambani Goup in the settlement between the brothers, Mukesh Ambani is drawing the contours of yet another play into telecommunications. This time, however, there seems to be a new twist and a very different gameplan. The elder Ambani, who heads the country’s