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In a major move and a first by a Japanese telco into India, NTT DoCoMo ( NYSE: DCM ) is taking a 26 percent stake in local telco giant Tata Teleservices, for a price of $2.7 billion. This is surely to spur more rivalry with other local giants like Reliance, Vodafone ( NYSE: VOD ) and Airtel, and help...
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The original iPhone generated a lot of interest in India, selling well on the grey market, so it went to reason that when the 3G version launched officially in the world's fastest growing wireless market, that it too would sell well. But apparently, that's not what happened, with sales of the...
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Nokia ( NYSE: NOK ) announced today a major push into emerging markets, debuting seven new handsets and web applications, while revealing plans to cut 600 jobs from its marketing and research units. The cuts come at a time when fierce competition and the sluggish economy have slowed the prospects of...
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Korean handset maker LG (SEO: 066570) has struck a deal with RockeTalk to preload the Indian start-up's mobile social networking application on several handsets, including the LG KT610 and KF750 (Secret) handsets sold in India. The two handsets go on sale in November. RockeTalk's application...
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Vodafone ( NYSE: VOD ), which operates as Vodafone Essar in India, is seeking to postpone the country's 3G auctions, currently scheduled for December. The reason? The global financial crisis, reports the Economic Times . In a communication sent to India's Department of Telecom (DoT)Emerging markets...
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Tech stocks took a huge hit today, following the house's failure to pass a bailout plan intended to rescue the nation's financial system and the Dow tumbling 778 points. To give a sense of how it hurt the broader telecom, wireless and communications-related stocks, of the 25-or-so stocks I regularly...
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09-30-2008
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Google ( NSDQ: GOOG ) may dominate on the PC in the developed world, but in emerging markets it knows it will have to conquer the mobile market to continues its supremacy in search. The search giant is currently testing Google Phone Search , a new voice-based search engine in India that allows consumers...
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For two brief days, Indian iPhone fans held out hope that they might be able to get the gadget for less than the $715 price tag that Vodafone ( NYSE: VOD ) India put on the 8 gigabyte model, and $830 for the 16 gigabyte one. But there will be no price war, as Bharti Airtel, the other Indian carrier to...
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So much for the iPhone reaching any scale in India. Vodafone ( NYSE: VOD ), through its Vodafone Essar joint venture, is gearing up to launch the iPhone 3G in India beginning August 22, but the device will cost almost $715 for the 8GBt model, PC World reports . The 16GB model will sell for $830. Those...
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Three more country launches for the 3G iPhone. India's Bharti Airtel, Estonia's EMT, and the Czech Republic's Telefonica ( NYSE: TEF ) O2 all announced today that they would begin selling the handsets on August 22. The three operators did not disclose any pricing of the phones or monthly...
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Nokia ( NYSE: NOK ) is investing about $150 million more in its direct venture arm, Nokia Growth Partners , more than doubling the size of its current fund. The priority for the new money: India and China, it says. It will start venture arm in those countries soon. Menlo Park, CA-based Nokia Growth Partners...
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Sony ( NYSE: SNE ) Ericsson ( NSDQ: ERIC ) is in merger talks with Spice Mobile, an India handset-maker and division of BK Modi, according to the Economic Times , which cited sources close to the deal. Spice Mobile's Web site says their phones focus on the intersection of "information, communication...