The latest from Telecom-Funda
| Ascend, India Telecom to merge tower business | Top |
| Ascend Telecom Infrastructure (Ascend) and India Telecom Infra (ITIL) have agreed to merge their telecom tower businesses. Ascend is currently owned by New Silk Route which made its initial investment in the company in July 2007. New Silk Route is a leading Asia-focussed private equity and growth capital firm with $1.4 billion under management. Source | |
| Wireless broadband is the next big thing | Top |
| Bharti Enterprises chairman Sunil Mittal said that "mobile broadband" based on 3G technology was the next big thing for his company. This technology provides high-speed wireless Internet and data network access over a wide area. Bharti's competitors like BSNL and Reliance had already launched this and the company too has recently unleashed 3G services in the country. Source | |
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