by Paul Joseph
May 7, 2012
Featured
Norwegian telecom major Telenor on Monday wrote off its remaining fixed and intangible assets in India worth Norwegian Krone 3.9 billion (over $680 million or Rs 3,500 crore) saying “the uncertainty has increased significantly” following the Supreme Court’s ruling in February to cancel Unitech Wireless’s 22 licences and the recent Trai recommendations on the re-auction of 2G licences and spectrum. The statement from the company came a day after the company’s Asia head Siggve Brekke told TOI that Telenor was considering exiting India if the regulator’s recommendations were accepted by the government in their current form. Source
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by Paul Joseph
May 7, 2012
Featured
India, the world’s second-biggest mobile phone market, saw a 0.88 percent monthly increase in mobile phone subscribers in March, an equivalent of 8 million new users, data released by the country’s telecom regulator showed on Thursday. About 919.17 million people in India had a mobile subscription at the end of March, up from 911.17 million in February. China, the biggest mobile phone market, had 1.013 billion mobile subscribers. The growth was led by country’s largest operator Bharti Airtel, which added 2.50 million new subscribers, taking its mobile phone base in the country to 181.27 million in March. Idea Cellular, which had added the maximum number of users in February, saw the second highest addition at 2.01 million new users in March. Uninor, Reliance Communications, Vodafone and Sistema Shyam Teleservices added 1.29 million, 1.04 million, 1.02 million and 0.42 million new users, respectively. The overall teledensity (telephones per 100 people) in India reached 78.66 percent in March. The increase in subscriptions slowed last year, after rising at a monthly average of 19 million in 2010, the data showed, as companies started disconnecting users who have not used their phones for six months. Subscription in Urban Areas grew from 618.82 million in February, 2012 to 620.53 million at the end of March, 2012. Subscription in Rural Areas increased from 324.68 million to 330.82 million during the same period. The growth of Urban and Rural Subscription is 0.28% and 1.89% respectively.The overall Urban teledensity has increased from 169.37 to 169.55 and Rural teledensity increased from 38.53 to 39.22.
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