Flag Telecom, the undersea cable arm of Reliance Communications (RCOM), has awarded Japan’s Fujitsu a $1.5-billion turnkey contract for construction of a next generation network (NGN) submarine cable. Others in the race for the mega contract were US-based Tyco Telecommunications, equipment vendor Alcatel and Japan-based NEC Corp. NGN implies a consolidation of several transport networks, […]

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