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There’s good news for new telecom entrants such as Swan, Unitech, Datacom and Shyam, among others, on the rollout obligation front. The department of telecommunications (DoT) is likely to link the time frame by which these telcos have to launch services in pre-determined geographical areas to the “date of allocation of spectrum’ and not the [...]

Already crowded telecom space is becoming over crowded - 6 more operators will join the scene. Though Bharti in GSM and Reliance in CDMA dominate the space, the new operators will add to the competition. Indian telecom industry is seeing an explosive growth with 9.22 million new mobile subscriptions in July. This would take the [...]

Following its $900 million deal with UAE’s Etisalat, Swan Telecom has now received a further boost. It has got the department of telecom’s nod to offer both national and international long distance (NLD & ILD) services, in addition to getting the government’s nod to operate as an Internet Service Provider (ISP) in India.

Emirates Telecommunications Corporation (Etisalat) has signed a definitive agreement to acquire approximately 45% of Swan Telecom Private Limited, a recently licensed mobile operator in India, by subscribing to newly issued shares for a cash consideration of up to $900m, implying a post-money equity value for 100% of the Company.

Mobile operator Shyam Telecom, in which Russian communications major Sistema holds a majority stake, has become the first of the new telecom players to get pan-India spectrum for launching mobile services. The company has been allotted radio frequencies on the CDMA technology platform. New GSM licensees such as Datacom, Unitech, Loop Telecom and Swan have [...]