The Department of Telecommunications (DoT) is conÂsidering the introduction of a mobile virtual network operator (MVNO) model to set up a wireless broadband network in rural areas.
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DoT plans fund for domestic companies
The telecom department plans to set up a Rs 10,000-crore fund that will provide loans at
5 per cent interest raÂtes to indigenous companies that enter the networks manufacturing space.
SSTL inks deal with Ericsson for four circles
Telecom operator Sistema Shyam Teleservices (SSTL), which offers services under MTS brand, has signed a three-year managed services deal with networking gear maker Ericsson for four circles.
Connecting rural India
Telecom infrastructure in India has been largely affected by various factors, making the erection of telecom facilities expensive. The telecom ministry is considering a range of options including grants and concessions
DoT sops to telcos likely
Telecom service providers in the country may get sops from the Department of Telecommunications (DoT) in the form of subsidy, for increasing mobile coverage in rural areas.
Govt can proceed with follow-on auction
Union Telecom Minister Kapil Sibal has indicated that the government could proceed further with a follow-on auction of spectrum.
Tap small saving options to finance infrastructure
Globally, Royal Bank of Scotland's focus is to raise capital from public and private markets and selectively do asset equipment and shipping finance.
China co bags SSTL contract
China-based telecom equipment-maker ZTE Corporation has bagged technology expansion contracts from Sistema Shyam TeleServices Ltd (SSTL) for an undisclosed amount.
BSNL plans PE for tower unit auction
Bharat Sanchar Nigam (BSNL) is planning to rope in private equity investors, includÂing telecom companies, to pick up stake in a new company that will be floated by hiving off the state-run telecom major's towers.
Approval for GTL Infra to integrate CNIL
Telecom equipment manufacturer GTL Infrastructure has said its shareholders have approved the amalgamation of Chennai Network Infrastructure with itself.