Etislat-RCOM Tower Deal
Etislat (earlier acquired 45% stake in Swan Telecom for $900mn) has signed a 10 year old tower sharing deal with Reliance’s infrastructure arm, marking the deal size to Rs. 10,000 crores.
Earlier, Telenor had signed a deal with Tata-Quippo for 67.25% stake.
Telenor’s India Move
Telenor is speeding up it’s India plans (have acquired majority stake in Unitech) and is preparing to raise $2Bn (10,000 crore) for it’s India rollout plan.
Myntra Launches PrintON
Myntra has launched PrintON service that enables consumers to print content on a variety of surfaces like canvas, glass, wood and marble.(details)
iXiGo claims Rs. 300 Crore Business for Airlines in Direct Sales
The OTA/meta search war is on and iXiGo claims Rs. 300 crore in sales for Airlines, and a saving of Rs, 15 crore in distribution costs (cumulative) – details
MNP by Year End
Mobile Number Portability which was supposedly delayed till September has been further delayed to December 2009,
More news:
- Cleartrip has launched Cleartrip for Business that enables a corporate to take complete control of its travel expenses.
- India June Infrastructure Output Up 6.5%
- Infosys to set up Govt’s e-biz project
- IBM in deal with Sun TV
- Zapak.com eyes content partnership to expand user base
