Nortel Networks is picking a minority stake in Bangalore-based optical network firm Tejas Networks. The deal is part of a product sourcing arrangement wherein the $11.4-billion Canadian telecom equipment company was to get the equity stake after certain purchase milestones with Tejas as the original equipment manufacturer (OEM) supplier. According to sources close to the […]
Nortel takes stake in Tejas Networks Read More »
Bharti Airtel Lanka Pvt Ltd, a subsidiary of Bharti Airtel, on Wednesday said it will launch second and third generation mobile services in Sri Lanka by the end of current fiscal and invest 200 million dollars in the next five years. “We are committed to offering affordable 2G and 3G services in Sri Lanka. With
Airtel to launch 2G, 3G services in Sri Lanka Read More »
The dispute over vacation of spectrum by armed forces seems to be taking a new turn with Communications Ministry demanding Rs 5,000 crore from Defence Ministry for occupying radio waves, which it claims to own. Communications Minister A Raja will next week meet External Affairs Minister Pranab Mukherjee and Defence Minister A K Antony to
Raja to meet Antony, Pranab; seek Rs 5,000cr for spectrum use Read More »