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Monday, July 25, 2011

Telecom

TCS widens telecom earnings gap with Infy
Times of India
BANGALORE: One of the key differences between TCS and Infosys in the first quarter of this fiscal was the growth rate in the telecom vertical. The vertical had been sluggish over the last few quarters for both companies. However, in the April-June ...
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Telecom sector revenue grows 7% in FY '11
The Hindu
The total revenue of the Indian telecom sector grew by 7 per cent to Rs. 2,83207 crore for 2010-11 financial year, estimates telecom journal Voice&Data. During the previous fiscal the total revenue of the sector stood at Rs. 2,64669 crore. ...
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The Hindu
SFO closes Telecom Wireline probe
Stuff.co.nz
The Serious Fraud Office has closed its inquiry into the alleged hacking of Telecom's Wireline database by a telemarketing company, Power Marketing, employed by CallPlus subsidiary Slingshot, saying it had found no evidence of criminal activity. ...
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Singapore Stocks: CapitaLand, Global Logistic, Nera Telecom
San Francisco Chronicle
July 25 (Bloomberg) -- Singapore's Straits Times Index fell 0.9 percent to 3156.01 as of 9:25 am local time. All but two stocks in the gauge of 30 companies declined. Shares on the measure trade at an average 14.6 times estimated earnings, ...
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Sensex consolidates despite weak Asian cues RIL supports
Moneycontrol.com
Telecommunications stocks gained after India's largest telecom operator hiked tariffs. Reliance Communications and Bharti Airtel gained 1.5-2%. Idea Cellular shot up 4.5% and TTML was up 2.45%. Bharti Airtel may bid for Zimbabwe Telecom company NetOne. ...
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Moneycontrol.com
Ministry to maintain its stance on Loop, Swan
Livemint
The ministry of corporate affairs (MCA) will not change its view that Loop Telecom Ltd did not violate the Companies Act when it replies to an enquiry by the Central Bureau of Investigation (CBI), two ministry officials said. The ministry will submit ...
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Telecom stocks higher; Idea Cellular up 10 per cent
Economic Times
Shares of telecom services providers were trading higher after No. 1 mobile carrier Bharti Airtel raised call tariffs upto 20 percent in select zones, several dealers said. "we see the tariff increase by the market leader (Bharti) as a fundamental ...
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Kavveri Telecom makes right call with inorganic bets
Economic Times
Telecom products maker Kavveri Telecom can be a good long-term investment considering increasing demand for its products, growing profitability and attractive valuations. Kavveri Telecom is engaged in the design, development and manufacture of radio ...
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DoT may allow telecom spectrum sharing to overcome shortage
Economic Times
NEW DELHI: After dilly-dallying for a long time, the government is likely to allow sharing of spectrum among telecom operators, a move that would help overcome the shortage of spectrum that has affected the quality of mobile services badly. ...
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Vodafone loses 26000 customers; the new standings
National Business Review
(Vodafone NZ had 2.84 million customers at the time of 2degrees' August 2009 launch against 2.46 million today (not including up to 40000 customers it bagged when TelstraClear moved its mobile wholesalefrom Telecom). The two big incumbents have been ...
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