Cisco had installed its first manufacturing unit in India in 2016
U.S. networking company Cisco Systems will set up a facility in India to manufacture hardware products, local newspaper The Economic Times reported, citing a source with knowledge of the matter.
"Cisco is setting up a...
Indian digital services company Jio Platforms, a subsidiary of Reliance Industries, has made an investment of $15 million in Silicon Valley-based tech startup Two Platforms (TWO) for a 25% equity stake.
Two Platforms is an artificial reality (AR) company with focus on building interactive and...
The new body will cooperate with the Indian government to pave the way for the future deployment of 5G technologies
The cellular operators association of India (COAI) has officially launched the 5G India Forum to boost the local ecosystem towards the implementation of 5G technology.
The...
Reliance and Aircel initially signed a merger agreement in September 2016.
Indian telecommunications firms Reliance Communications and Aircel obtained approval to merge their operations from the Securities and Exchange Board of India. The deal has already garnered approval from the Bombay Stock Exchange...
Reliance to receive $1.6 billion for the tower transaction.
Indian telecommunications firm Reliance Communications signed binding agreements with Brookfield Infrastructure to sell nationwide tower assets to affiliates of Brookfield Infrastructure Partners and its institutional partners, the telco said in a statement.
The deal calls...
Reliance to target enterprise customers in India using Cisco Jasper platform.
Reliance Group signed a strategic partnership with Cisco Jasper to launch Unlimit, a new venture to focus on the provisioning of "internet of things" services for enterprise customers across India.
Reliance Group said Unlimit customers will...
Cell tower deal valued at $1.65B
Indian telecommunications firm Reliance Communications on Friday signed a nonbinding deal with asset manager Brookfield to sell a 51% stake in its cell tower business for 110 billion rupees ($1.65 billion).
Under the terms of the agreement, the stake in Reliance...
The spectrum auction covers 2,200 megahertz of available airwaves
India's Department of Telecommunications has confirmed that seven telecommunications operators have submitted applications to participate in an upcoming spectrum auction.
Interested operators include Reliance Jio Infocomm, Bharti Airtel, Vodafone, Idea Cellular, Tata Teleservices, Reliance Communications and Aircel – the...
Reliance and Aircel will both own a 50% stake in creatively titled new entity called MergedCo
Indian telecommunications operator Reliance Communications and rival mobile operator Aircel announced the signing of definitive documents for the merger of their Indian wireless businesses, which represents the largest consolidation in...
Indian telecommunications operator Reliance Communications extended the exclusivity period by two months for talks with rival Aircel to consider the potential merger of operations.
Reliance entered into merger talks with Aircel shareholders Maxis Communications and Sindya Securities and Investments late last year. The parties initially...
Indian carriers aim to complete the deal in Q2
Reliance Communications confirmed its shareholders have approved a proposal to acquire local telecom firm Sistema Shyam Teleservices. The deal has been already authorized by the Competition Commission of India, Rajasthan High Court, Bombay High Court and...
Indian telecom operators look to complete the operation by September
Indian mobile operators Reliance Communications and Aircel agreed to merge their operations, according to The Economic Times.
The report claims the telcos would each own 50% of the new entity, which will be the third largest...
The social network inked a bandwidth deal with BSNL
Facebook plans to start offering Internet services in rural areas across India after signing an agreement with Indian state-run telecom service provider Bharat Sanchar Nigam Limited.
Under the agreement, the U.S.-based social network acquired bandwidth from BSNL...
Service set to be available in 750 cities by June
Idea Cellular, India’s third largest mobile telephony operator, said it commercially launched LTE service in 75 cities in the southern states of Telangana, Andhra Pradesh, Kerala, Karnataka and Tamil Nadu.
In an initial phase, the service...
Researcher says the entire ecosystem is preparing for this shift to LTE networks
With more than 1 billion potential consumer, India represents a lucrative, yet largely untapped and still maturing, telecommunications market opportunity. As hardware manufacturers bring down smartphone prices, carriers are racing to deploy...
The Indian telco will transfer the assets to two US investment groups
Indian telecom operator Reliance Communications has reached an agreement to sell its stake in telecom tower company Reliance Infratel and its fiber assets to two private equity firms, according to local press reports.
The...
Indian telecom operator Reliance Communications is set to announce the sale of its stake in telecom tower company Reliance Infratel to a private equity firm.
According to local press reports, the deal is expected to be announced in the coming days. Reliance expects an enterprise value of...
Dropped calls are a big problem in India due to economics and sheer geography presenting hindrances to robust mobile network deployments. Now, national regulator Trai is considering penalizing operators for each dropped call.
The Times of India reports Trai is considering penalizing operators 1 rupee...
Aircel stand out winner with MTNL and Reliance bringing up the rear
Business newspaper LiveMint conducted a survey of 4,000 Indian cellphone customers to measure customer satisfaction as it relates to cellular providers. The poll found most people were happy, or at least content, with...
Telecommunications infrastructure provider Ericsson said it has signed an eight-year managed services deal with Indian teleco provider Reliance Communications valued at $1 billion. The deal calls for Ericsson to operate and manage Reliance’s wireline and wireless networks in the northern and western portions of...
Alcatel-Lucent snared a significant contract with India’s Reliance Communications that the infrastructure vendor valued at more than $1 billion. The deal calls for Alcatel-Lucent to manage Reliance’s telecommunications infrastructure in eastern and southern India through 2020.
Alcatel-Lucent said it will “synergize” Reliance’s current independent wireless...
Anil Ambani led Reliance Communications Friday reported 61% fall in its net profit at $37.69 million for Q3 of the FY2012 against $97.27 million in the same quarter of the previous financial year.
India and Sri Lanka have signed an agreement for establishing a mechanism of technical and institutional cooperation in the field of telecommunications, with the purpose of development of telecommunications in both the countries.
