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    Vodafone in Talks With With Adity Birla for Possible Merger

    Vodafone confirms that it is in discussions with the Aditya Birla Group about an all share merger of Vodafone India (excluding Vodafone’s 42% stake in Indus Towers) and Idea. Any merger would be effected through the issue of new shares in Idea to Vodafone and would result in Vodafone deconsolidating Vodafone India. “The potential merger…

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    Cisco Planning to Acquire AppDynamics

    Cisco announced its intent to acquire AppDynamics, Inc., a privately held application intelligence software company based in San Francisco. AppDynamics’s cloud application and business monitoring platform enables the world’s largest companies to improve application and business performance.  Cisco will acquire AppDynamics for approximately $3.7 billion in cash and assumed equity awards. “Applications have become the lifeblood…

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    Aryaka Gets $45 mn Funding From Deutsche Telekom Capital Partners

    Aryaka, the leading global SD-WAN provider, has secured a $45 million Series D round of financing led by Third Point Ventures, adding new investor Deutsche Telekom Capital Partners. The Series D financing builds on an exceptional year for Aryaka. The company has delivered over 100 percent year-over-year growth for five consecutive quarters and now has more than 500 global…

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    Bharti Airtel’s Q3 Financials Struck Hard by Jio Entry

    Bharti Airtel’s Q3 net profit had an adverse effect due to the entry of Reliance Jio, AIrtel’s net profit slumped 55% from a year, net profit of Rs 504 crore for the three months ended December was sharply lower that the average estimate of about Rs 965 crore. “The quarter has seen turbulence due to the…

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    Apple Accuses Qualcomm of Peeling Excessive Royalties

    Apple filed a lawsuit against Qualcomm for $1 billion, accusing mobile chip maker of peeling excessive royalties from it. Apple’s lawsuit, filed on Friday, claimed that Qualcomm has adopted “an abusive licensing model”, whereby “in order to purchase Qualcomm chips or obtain access to patents pledged to a cellular standard, Qualcomm demands that third parties…

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    First Fully Virtualized Commercially Open MNO Core Network

    Velcom, a subsidiary of Telekom Austria Group partners with ZTE Corporation to transform the core architecture of velcom’s network. All legacy core network components – like HLR/HSS, EPC, MSC, PCRF – were migrated to a fully virtualized platform on OpenStack based NFV and standard hardware. This project provides velcom with one of the most innovative telecom core architectures worldwide….

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    New Exit Norms to Aid Failed Startups

    Winding up of inoperative startups is no more a tedious process, simpler provisions are made to help entrepreneurs to quickly go through the process of winding up. The Registrar of Companies (RoC) can strike off a company from the register if it has failed to commence business operations within a year of incorporation, or it has…

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    Answering the Call of Native: Local Language Smartphone Apps

    Indus OS an operating system originated with a motive to help people to use smartphone in their local language, Indus OS works with OEMs like Micromax, Intex and Karbonn to integrate its operating system, which offers features like translation through a single swipe, text-to-speech in nine regional languages and intuitive auto-correction. “Besides having a phone that…

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    PayTM Inflates Numbers, Alleges Rival Mobikwik

    Mobikwik accuses Paytm of inflating volumes and number of transactions. Upasana Taku, co-founder of Mobikwik, has alleged that Paytm has been reporting high numbers. Data released by the RBI pegged the total number of prepaid payment instruments, including mobile wallet transactions in India at around 88 million in December 2016, which is in sharp contrast…

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