The Indian telecoms market continued its pattern of instability through April, with the number of wireless subscribers in India decreasing month on month, according to the Telecom Regulatory Authority of India (TRAI).
Despite already having closed their services in India, announcing that they will cease doing business in the country and notifying their subscribers to move to a different network, operators S Tel and Etisalat have been told by India’s telecoms regulator that they must continue offering services until the license cancellation date. Loop Telecom has also announced that it will be exiting the market but must continue offering services until June 2, 2012.
In the Middle East, UAE operator Du has announced plans to provide Wifi access across the Dubai Metro, the majority shareholder in Orange Israel is looking to sell its stake in the firm and a Bahraini operator is left reeling after the Indian Supreme Court cancels its licence to provide 2G services in the country.
Bahrain’s principal fixed line carrier, Batelco, said Monday that it has acquired a 49 per cent stake in Indian mobile operator S Tel, via a joint venture with a Dubai-based private equity firm. Batelco, which is majority owned by the Bahrain government, partnered with Millenium Private Equity to form the Batelco Millennium India Company, which […]
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