Nokia Siemens Networks (NSN) will expand and upgrade Bharti Airtel’s, India’s number one telecom services provider, 2.5 G network by 50 per cent across circles, under a $700-million GSM network contract signed between the companies. The contract includes network planning, implementation and project management, handling of local logistics and materials, and system integration for the base transceiver stations.
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Category: Infrastructure Service Provider
Nokia Siemens Networks (NSN) has shifted its Research & Development (R&D) facility to a new location in Bengaluru, which will now host one of the company’s three remote testing laboratories. The shift to the new facility is with the intention of strengthening its R&D presence in the country.
Network services provider GTL Ltd has posted a net profit of Rs 58.82 crore for third quarter ended December 31, 2009, an 85.90 per cent rise from Rs 31.64 crores recorded during the corresponding quarter of previous financial year.
GTL Infrastructure Ltd has scheduled its board to take on account its third quarter results (quarter ended December 31, 2009) to January 28, 2010.
GTL Infrastructure Chairman Manoj Tirodkar (centre) and Aircel Chairperson Suneeta Reddy (extreme right) sign a $1.8 billion deal, under which GTL acquired the mobile service providers 17,500 telecom towers. Looking on is GTL Infra director Charudatta Naik.
GTL Infrastructure Ltd has acquired Aircel’s passive infrastructure (towers) for around $1.8 billion (Rs 8,160 crore), a move that will help it emerge as the largest independent tower firm.
GTL Infrastructure Ltd is to acquiring Aircel’s tower business under a deal worth $1.8 billion (Rs 8,160 crore), according to reports in a section of the press. GTL, backed by a $1.2-billion (Rs 5,440 crore) loan from State Bank of India (SBI), has clinched the transaction.
Cable & Wireless International (CWI) and Patni Computer Systems have announced the completion of Project Liberate – a system modernisation programme for CWI’s telecom businesses operating in 38 countries.
Syniverse Technologies, a provider of technology and business solutions for the global telecommunications industry, has crossed 100 mobile operator customers in Asia-Pacific region.
American Tower Corporation (ATC), an operator of telecom towers, has acquired Kolkata-based tower company Transcend Infrastructure for about Rs 95 crore. With this acquisition, which is the second for the company in India, ATC’s portfolio of towers in India has increased to 2,500 sites.