• Qualcomm
    Airtel May Have to Pay Rs 436-cr for Merging Qualcomm 4G Arm

    Bharti Airtel, India’s No. 1 carrier, may have to pay Rs 436 crore for merging its subsidiary Airtel Broadband Services Pvt Ltd (ABSPL) with itself, as it would mean a change in permits from that of an internet provider to a unified license. According to an internal note of the telecom department (DoT), Airtel will…

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  • Idea logo
    Idea Cellular Gains; FTSE Raises Weight in Indexes

    Idea Cellular gained as much as 4.4 per cent and became the top gainer in BSE group A large-cap stocks. At 12:53 p.m., the stock was trading 5.03 per cent higher from its previous close at Rs 176.50 on the BSE. More at ET Telecom

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  • Microsoft logo
    Microsoft Lays off 2,100 as Part of Earlier Job Cut Plan

    Microsoft Corp made a second round of layoffs on Thursday, moving towards its target of cutting 18,000 staff, or about 14 percent of its workforce, as Chief Executive Officer Satya Nadella tries to slim down the giant software company. Microsoft gave notice to 2,100 employees on Thursday, 747 of those in the Seattle area, a…

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  • Ericsson’s Modem Business Exit May Impact 235 Jobs in India

    Telecom gear maker Ericsson will shut down its modems business to focus on other growth opportunities, a move that could impact as many as 1,582 people globally, including India. India has the second highest number of employees after its headquarters in Sweden. At present, Ericsson employs 1,582 employees at its modem division, with 689 in…

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  • Airtel 4G Augere Wireless
    ‘Bharti Airtel-Loop Mobile Deal to Cause Revenue Loss to Government’

    A telecom department official has objected to the structure of the Rs 700 crore Bharti Airtel-Loop Mobile deal, throwing continuation of mobile services to more than 3 million of the latter’s subscribers into uncertainty with less than two months left before its permit in Mumbai expires. The official, in documents seen by ET, has said…

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