Essar Archives - Page 2 of 3 - Mobile World Live


Indian mobile operators accused of price fixing

The Indian anti-monopoly watchdog has alleged that mobile operators Bharti Airtel, Vodafone Essar and Idea Cellular have been operating a cartel, reports The Times of India.

Essar acquires strategic stake in mobile money firm

India’s Essar – co-owner of Indian mobile operator Vodafone Essar – and mobile chip giant Qualcomm are among the latest companies to invest in Obopay, the California-based mobile payment company.

VNL unveils cost-cutting solar-powered GSM system

A Swedish-Indian start-up that claims to have spent the past four years developing a simplified GSM basestation powered by solar panels and requiring just a fraction of the electricity of typical basestations launched today, reports the Wall Street Journal (WSJ).

Vodafone Essar CEO to retire

Telecompaper reports that Vodafone Essar’s CEO Asim Ghosh will be retiring on 31 March. Ghosh will continue as a non-executive member on the board of the Indian operator.

3 Group reduces losses, aims to breakeven in 2009

Hong Kong-based conglomerate Hutchison Whampoa reported a 42 percent fall in net profit for full-year 2008 today, but provided an upbeat outlook for its 3 Group mobile unit, forecasting that the business will breakeven this year.

Essar dismisses EWK takeover

Essar Communications, a major shareholder in Econet Wireless International, has dismissed reports that South African group MTN is considering a takeover of its subsidiary, Econet Wireless Kenya (EWK), reports TeleGeography.

Zain and Essar to share infrastructure

Zain Kenya and Essar Telecom Kenya (previously known as Econet Wireless Kenya) have agreed to share network infrastructure, Kenyan newspaper Daily Nation reports, according to TeleGeography.

Report: Aircel in talks to acquire Loop Mobile

Indian mobile operator Aircel Cellular is reportedly in talks to acquire Loop Mobile, the Mumbai-focused regional operator, writes India’s Economic Times.

Essar buys Ugandan mobile license

Essar Teleholdings, a unit of Essar Group, has won a license in Uganda to build a GSM network, reports Telecompaper, citing India’s Mint newspaper.

Essar eyes stake in African Warid Telecom operations

Telecompaper notes that UAE-based group of investors Dhabi Group and India-based Essar Group have agreed to enter into exclusive discussions in relation to an investment by Essar Group into the telecoms portfolio of Dhabi Group’s African assets, which includes Pakistan’s Warid Telecom.