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Asset divestment imminent in India telecom sector ;Nomura Divestment of assets seems imminent in the Indian telecom sector that battles with intense competition and high capital expenditure requirements in the near future. Nomura Singapore said in a note to investors there is ample of left for increased consumption in the Indian telecom market but the higher usage will come at uncertain profitability  along with high debt companies have undertaken in recent times .
Privately held Indian telecom operators recently paid the government rs 51,000 crore for third generation, or 3g ,bandwidth after an auction conducted in may.  Since 2009,major tower deals include sale of operator Aircel’s towers to GTL infrastructure at Rs. 8,062 crore,a merger between Tata tele services and quippo Telecom to  form viom to Macquarie.
New mobile cos enter Rs.700-cr Handset market. ,[object Object]
MCC Group is working on tying up with agri retail  chains to tap the upcountry markets.
The dwindling tariffs due to paise per second tariffs are boosting  the demand for the entry level mobile sets.,[object Object]

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Et news

  • 1. Asset divestment imminent in India telecom sector ;Nomura Divestment of assets seems imminent in the Indian telecom sector that battles with intense competition and high capital expenditure requirements in the near future. Nomura Singapore said in a note to investors there is ample of left for increased consumption in the Indian telecom market but the higher usage will come at uncertain profitability along with high debt companies have undertaken in recent times .
  • 2. Privately held Indian telecom operators recently paid the government rs 51,000 crore for third generation, or 3g ,bandwidth after an auction conducted in may. Since 2009,major tower deals include sale of operator Aircel’s towers to GTL infrastructure at Rs. 8,062 crore,a merger between Tata tele services and quippo Telecom to form viom to Macquarie.
  • 3.
  • 4. MCC Group is working on tying up with agri retail chains to tap the upcountry markets.
  • 5.
  • 6. The Microfinance Institutions network estimates the outstanding loan portfolio of MFIs at Rs.35,000 crore.
  • 7.
  • 8. Semi closed wallet are prepaid payment instruments that are redeemable at a group of clearly identified merchant.
  • 9. RBI’s move to approve Semi closed Wallet will be the first step towards democritisation of mobile commerce in the country.