• Blackberry_Samsung
    BlackBerry, Samsung Deny Holding M&A Talks

    BlackBerry and Samsung have both denied reports that they are in talks regarding a potential merger between the smartphone makers. Reuters reported on Wednesday that Samsung has offered up to $7.5 billion to acquire BlackBerry – an up to 60% premium on the smartphone maker’s current share price. A $7.5 billion purchase would mark Samsung’s most expensive…

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  • Lenovo_4G phone
    Lenovo Launches Cheapest 4G Phone; In Talks With Telcos For Data Bundling

    Lenovo on Friday launched India’s cheapest smartphone that can work on fourth-generation telecom technology, pricing it aggressively at Rs 6,999 to take on offerings from Microsoft, Xiaomi and Micromax that have recently launched 4G devices costing less than Rs 10,000. The Chinese company will sell the 4G LTE smartphone, A6000, exclusively via online marketplace Flipkart…

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  • trai india subscriber base
    Trai Reiterates Its Proposals On 3G Spectrum

    Standing by its proposals on 3G base pricing, sectoral regulator Trai today reiterated that enough spectrum in 2100 MHz should be made available for the February auction as otherwise it will “artificially increase” the market price in the band. “The whole purpose of clubbing the 2100 MHz band spectrum along with spectrum of other bands…

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  • Telecom tower (Photo by W Rorrkychand Sing/Tonseblog.com)
    Airtel, Idea, RComm & Vodafone May Collectively Bid Rs 74,000 Crore For Spectrum

    India’s top four telecom operators are likely to collectively bid aboutRs 74,000 crore in the upcoming spectrum auctions, brokerage HSBC has estimated as it expects these companies to prioritise 900 MHz airwave renewals over boosting their 3G spectrum holdings. According to the brokerage, Bharti Airtel and Idea Cellular will bid not more than Rs 22,000…

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  • Loop Telecom’s Plea Should Be Rejected: CBI To Court

    CBI on Friday told a special court that a plea filed by Loop Telecom Limited, accused in a case arising out of the probe into the 2G spectrum allocation scam, for referring the matter to the Lok Adalat should be rejected as their application was not legally maintainable. Strongly opposing Loop Telecom’s plea, the probe…

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