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Telecom Stocks Fall On Move To Make Per-Second Billing Mandatory

Oct 6, 2009 2:57 AM

Major telecom stocks such as Bharti Airtel and Reliance Communications fell significantly during morning trade after the telecom regulator said yesterday in Geneva that it was considering per second billing mandatory. Currently, calls are billed on a per-minute basis and users pay for unutilized seconds even if a call is…

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Posted In: Money, Companies, Airtel, Idea Cellular, Tata Comm, Countries, Asia, India

Sony Ericsson In Merger Talks With Handset Maker Spice Mobile

Jul 11, 2008 4:25 PM

From our sister site MocoNews....Sony (NYSE: SNE) Ericsson (NSDQ: ERIC) is in merger talks with Spice Mobile, an India handset-maker and division of BK Modi, according to the Economic Times, which cited sources close to the deal. Spice Mobile’s Web site says their phones focus on the intersection of “information,…

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Posted In: Companies, Idea Cellular, Sony, Sony Ericsson, Spice

Idea - Spice Merger Complete; Telekom Malaysia To Hold 14.99% Stake

Jun 25, 2008 2:44 PM

The deal is finally over with, Idea has bought the Modi’s 40.80 stake in Spice Communications at Rs 77.30 a share. The stake, valued at Rs 2,175 crore will see a non-compete fee of Rs 544 crore paid to the Modi’s. Additionally, Telekom Malaysia will not hold more than 20%…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Idea Cellular, Spice

Idea To Buy Modi Spice Stake For Rs 2,200 Crore

Jun 10, 2008 12:48 PM

The conflicting reports have now been put to rest. As earlier reported by CS, Idea has finalized the acquisition of BK Modi’s 40.8% stake in Spice communications for Rs 2,200 crore. The final deal pegs the value of each share between Rs 77 and Rs 78, a premium of 45%…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Idea Cellular, Spice

Spice - Idea Merge, BK Modi To Exit Completely: Reports

Jun 6, 2008 1:29 PM

Early reports coming in from CNBC state BK Modi is exiting Spice Communications with Idea picking up 40% stake. Idea will replace Modi as the Indian partner with Telekom Malaysia before merging with Spice Communications. Additionally, Telekom Malaysia, which owns 29% stake in Spice will get a proportionate stake in…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Idea Cellular, Spice

Mundu Radio On Idea Cellular; Issues With Streaming Music Over GPRS?

Feb 19, 2008 9:32 PM

Geodesic Information Systems has tied up with mobile operator Idea Cellular to launch Idea Radio over GPRS. Idea Radio - of the Mundu Radio solution - gives users access to a number of Internet radio stations over GPRS, over and above the standard FM Radio fare one gets in India;…

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Posted In: Entertainment, Music, Companies, Geodesic, Idea Cellular

Airtel, Hutchison Essar, BPL Get Maximum Spectrum Of 10 Mhz

Aug 28, 2007 10:52 PM

Bharti Airtel and Hutchison Essar and BPL Mobile have been allotted maximum spectrum of 10 Mhz in Delhi and Mumbai respectively in the latest round of subscriber-based allocation of radio waves by the government. [via Mint] Department of Telecom Spectrum Allocation Figures as on March 31, 2007 Delhi GSM MTNL…

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Posted In: Mobile, Research & Metrics, Companies, Airtel, BSNL, Hutch/Voda, Idea Cellular, MTNL, RCom

Artificial Life To Provide Mobile Games And Content To Idea Cellular

Aug 14, 2007 6:20 AM

Artificial Life, a Hong Kong-based mobile content provider has tied up with Idea Idea Cellular for its mobile content, including mobile games. The content includes V-girl, V-boyfriend, Poli - the Bear, V-Penguins, Let Go Of My Banana, Swine Dining, America’s Next Top Model, and associated wallpapers, screensavers, ringtones, and video…

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Posted In: Entertainment, Games, Mobile, Companies, Idea Cellular

Zee Inks Deal With Idea Cellular For IdeaTV; Plans Four Websites

Jul 31, 2007 10:15 PM

After the tie-up with BSNL for launch of video content on mobile, Zee group co Digital Media Convergence Ltd (DMCL) has now inked a deal with Idea Cellular in Maharashtra, reports Indiantelevision. This is however not with Zee’s Isee application, but the IdeaTV application used by Idea Cellular, developed by…

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Posted In: Mobile, Technologies / Formats, Broadband, Companies, Idea Cellular, Zee

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