Telecoms operators who wish to provide television over Internet in India will have to pay between 6 percent and 10 percent of their adjusted gross revenue as licence fees, depending on the telecom zone they operate in, the telecoms regulator recommended on Friday.
The Indian government has received about 300 applications from about 30 companies vying to tap growth potential in the world's hottest wireless market, the telecoms minister said on Wednesday.
Incredible India@60, a four-day celebration commemorating the 60th anniversary of Independence of the world's largest democracy, kicked off in New York, US, Sunday, September 23.
Chinese telecom equipment supplier Huawei Technologies is making its presence felt in India, the world's fastest growing mobile market, by wooing telecom services providers for millions of dollars worth of network outsourcing contracts.
India's largest private mobile services provider, Bharti Airtel, and Sweden's Ericsson have inked a $2 billion, two-year deal whereby the latter will help Bharti expand its telecom network as it looks to push into new rural markets.
Vodafone secured its expansion into the fast growing Indian cell phone market, gaining control of the nation's No. 4 cell phone operator for $11.1 billion.