Hutchison Essar Planning US$2 Billion GSM Network Tender?

India's Hutchison Essar is reported to be pressing ahead with a tender for GSM equipment which could be worth as much as US$2 billion. The tender is expected to go ahead, even though the problematic purchase of a majority stake in the firm by Vodafone is mired in controversy about India's cap on foreign shareholder.

The company would roll out extra capacity in the existing 16 circles (licensed areas) and was also factoring in the proposed launch of operations in six Spacetel circles acquired from the Essar group last year. Spacetel has a letter of intent from the Department of Telecom to operate in North East, Himachal Pradesh, Bihar, Orissa, Assam, and Jammu and Kashmir where Hutchison Essar is not present.
Hutchison Essar ended last year with some 23.3 million subscribers, giving the company a market share of just over 16%.


Source - Economic Times

No comments:

Search your favourite topic

3G (23) 4G (10) africa broadband (2) African Telecom (3) Aircell (4) airtel (20) Android (4) Apple (6) Asia Pacific Telecom market (8) bharti (7) broadband (39) Broadcasting (1) BSNL (10) CDMA (10) china mobile (37) China Telecom Market (13) cross media ownership (1) digital divide (3) DoCoMo (3) DoT (3) DTH (1) EDGE (2) Enterprise Telecom Business (5) ericsson (4) etisalat (1) European Telecom market (9) EVDO (1) FCC (2) fixed line market (1) fixed mobile convergence (2) forecasts for mobile market (5) GTL (1) HSPA (7) Huawei (2) idea (10) India 3G (47) India CDMA (50) India GSM (60) India Mobile (48) infrastructure sharing (6) International Long Distance (3) Internet service providers (3) Intra Circle Roaming (1) Ipad (1) IPTV (5) ITU (1) largetst telecom operator (6) latest telecom news (54) LG (2) LTE (10) M-commerce (4) Managed networks (2) Maxis (3) Middle Eastern telecom market (6) MIMO (1) mobile (21) mobile advertising (2) Mobile banking (5) mobile handsets (14) Motorola (3) MTNL (3) MVNO (2) Next Generation Networks (1) nokia (7) Nokia Siemens (1) number portability (6) OFDMA (1) QUALCOMM (1) Reliance Communications (16) RIM (2) Rural broadband (1) rural mobile infrastructure (9) Russia (1) Samsung (4) satellite communications (1) Smart Pad (1) Smartphone (3) Sony Ericsson (2) South East Asian Market (3) Spectrum (9) Spice (1) strategy for mobile operators (63) Symbian (1) Tablet (3) Tariff (1) Tata Communications (2) Tata Teleservices (5) TD-SCDMA (2) Telcordia (1) Tele-density (4) telecom equipment (22) Telecom growth projections (13) Telecom Market India (57) telecom market share (17) telecom operator strategy (40) telecom policy (32) Telecom regulation (7) telecom sector india (31) TRAI (13) Unique Identification Authority of India (1) US Telecom market (11) USO fund (4) VAS (2) verizon (6) Virgin (1) Vodafone (1) vodafone india (11) VoIP (5) VSNL (2) WAN (1) WCDMA (4) WiBro (1) WiFI (13) WiMAX (20) wireless broadband (43) wireless US (12) WMAN (1) Yota (1) Zain (1) ZTE (2)