India’s total telecom subscriber base has reached over 205-million mark at the end March, a growth of 8.39 per cent as compared to the figure on December 31, 2006. The blended Average Revenue Per User per month for GSM services in the country has declined by 5.69 per cent from Rs 316 in the quarter […]
Telecom subscribers cross 205 mn mark Read More »
Wipro has signed definitive agreements to acquire 100% shareholding in Unza Holdings (Unza), a Singapore based Fast Moving Consumer Goods (FMCG) company for an all cash consideration of a little over Rs 1,000 crore ($246 mn). Unza Holding recorded revenues of Rs 683 crore with double digit operating margin for fiscal year ending on April
Wipro acquires Unza Holding for Rs 1,000 cr Read More »
With its plans to launch pan-India GSM operations being delayed, Reliance Communications (RCOM) is now embarking on a Rs 3,000-crore ($740 million) plan to add 17 million new lines to its existing GSM networks in eight telecom circles. Over the next nine months, RCOM proposes to beef up the total capacity of its eight GSM
RCOM Rs 3,000-cr GSM expansion Read More »