• Logo of Sony from its official facebook page
    Sony India to Double Revenue from Smartphone Market

    Sony India is unfazed by the turmoil in its global smartphone business, and expects to add people and double its revenue from the segment, though rapidly increasing competition could provide stiff challenge to meeting its outlook, its top official said. “We have a 10% share of the smartphone market in India in value terms, and…

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  • Uninor India Huawei $300mil N/W Transformation contract
    Uninor to Invest Rs 600-crore Towards Capex, Start 4G Testing This Year

    Uninor will be investing up to Rs 600 crore towards capex in the current year and majority of it will go into establishing new base stations, a top executive of the telecom services provider said today. The company follows January-December year. “On capex, we are investing approximately Rs 6 billion (Rs 600 crore) primarily into…

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  • Intel Corp to Invest in Chinese Mobile Chipmakers

    Intel Corp is close to announcing an investment in Chinese-government affiliated mobile chipmakers Spreadtrum Communications and RDA Microelectronics, its latest move to catch up in a smartphone chip industry led by Qualcomm Inc , according to two sources with knowledge of the plan. It was unclear how much Intel is paying or what portion of…

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  • Apple logo
    Apple Releases New Software Update to Fix Bug on iPhone 6

    Apple Inc released a new software update late on Thursday after some users of its new iPhone 6 complained of call service disruptions and other problems due to a previous update. Fewer than 40,000 iPhone 6 and iPhone 6 Plus devices were affected when users downloaded the iOS 8.0.1, Apple spokeswoman Trudy Muller said. The…

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  • tata communication mtnl
    MTNL and Tata Communications to not Participate in Joint Venture Rights Issue

    Mahanagar Telephone Nigam, Telecom Consultants India and Tata Communications have decided against participating in an upcoming rights issue in United Telecom Ltd, the loss-making Nepalese joint venture of MTNL, as the move is seen as commercially unviable. MTNL owns 26.68% in UTL while the balance shares are owned by Tata Communications (26.66%), TCIL (26.66%) and…

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