Tata Sons vice-president Mukund Govind Rajan is set to take over as the CEO of Tata Teleservices (TTSL), Mumbai-based CDMA operator. A formal announcement is expected shortly. The decision to appoint Mr Rajan was taken last month after Darryl Green quit as CEO in May citing personal reasons. The group has zeroed in on the […]
Rajan may be Tata Teleservices CEO Read More »
Pursuant to the announcement made earlier in February 2007, one of the group companies of Bharti has acquired a 4.99% direct interest in Bharti Airtel Limited from Vodafone. With this, Bharti has enhanced its voting interest in Bharti Airtel Ltd, to over 50%.
Bharti acquires 50 pc stake in Bharti-Airtel Read More »
The Department of Telecom (DoT) has decided to go for a “controlled ascending†auction rather than a direct auction for allocating 3G spectrum. This method was first developed for the US Federal Com-munications Commission’s (FCC) spectrum auctions in 1994 and has been used for all subsequent spectrum auctions by the FCC. According to DoT, a
DoT plans US model for 3G spectrum auction Read More »