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Saturday, January 13, 2007

Reliance Communications Ltd is planning to list its subsidiary Flag Telecom on the London Stock Exchange. Flag Telecom is currently a 100% subsidiary of Reliance Communications Ltd and is a leading player in the international bandwidth market. Flag Telecom is building the world's largest IP network at an investment of over $1.5 Billion.

Reliance insiders have said that RCom plans to dilute 20-24% stake in Flag Telecom and raise over $500 million. Though Anil Ambani is backed by several VCs and PE funds, RCom still may need a cash cow if at all it wins Hutch.

Labels: India Telecom

Published on Saturday, January 13, 2007 at 1:46 PM

Thursday, January 11, 2007

Hutch & Reliance add over a Million users in December

Growth in Indian mobile subscriber base continued in Dec-06. Hutch Essar added a over a million users taking its total subscriebr base to 23.3 Million. Reliance Communications limited has added 1.4 Million [CDMA+GSM] wireless users in Dec-06 taking the total wireless subscriber base to 30 Million.

S P Shukla, President Wireless Division said,

We are confident of maintaining the growth momentum in the coming days in line with the experience over the last six months

Tags: Telecom India, Mobile India, Mobile Subscribers, GSM CDMA

Published on Thursday, January 11, 2007 at 9:03 AM 0 comments

Friday, January 05, 2007

Value added services SMS numbers standardized

In an effort to standardize services as per the National Numbering Plan, TRAI issued an order [PDF] today to migrate all Value Added Service SMS numbers to a uniform format of 5 digits starting with number "5". For example you are aware of Indiatimes "8888" SMS service, henceforth it will be converted to "58888" or they have to lookout for a differnt number.

TRAI ruling said, five digit code starting with level 5 is to be used by access providers for allocation of short codes to their content providers including SMS based services within their network and accordingly all existing four digit short codes are to be prefixed by five to convert the same to five digit codes. Further the existing five and six digit short codes are to be migrated to five digit codes by replacing the first digit or first two digits respectively by five and so on.

Tags: Telecom India, SMS, Value Added Service SMS, Mobile

Published on Friday, January 05, 2007 at 4:45 PM 0 comments