Aircel signs landmark tower sharing agreement with BSNLOctober 1st, 2009 New Delhi,DELHI - Aircel became the first operator to sign a passive infrastructure sharing agreement with Bharat Sanchar Nigam Limited (BSNL). Aircel, the fastest growing operator, which currently has approximately 32,000 base stations, will now have access to approximately 45,000 BSNL towers across all its circles.
Aircel announces pay per second tariff planSeptember 3rd, 2009 KOLKATA - Telecom operator Aircel has launched a new product in Kolkata and West Bengal that allows subscribers to pay per second, instead of the present tariff of charging by the minute. Under this plan, the base tariff for any Aircel subscriber will be one paisa per second both on local and long distance national calls, said Vipul Saurabh, the company's national head of operations and customer support, Thursday.
RCom, Aircel to sign $300 mn infrastructure sharing dealAugust 31st, 2009 NEW DELHI - Telecom majors Reliance Communications (RCom) and Aircel are on the verge of signing a $300-million agreement for sharing telecom infrastructure like towers, sources close to the deal said Monday. "The deal will offer RCom a revenue upside of over Rs.1,500 crore.
Tower Bancorp board gives CEO Andrew Samuel the additional title of chairmanAugust 19th, 2009 Tower Bancorp CEO to be given chairman titleHARRISBURG, Pa. — Tower Bancorp Inc.
BSNL to raise Rs.10,000 crore from tower sharing businessJuly 31st, 2009 NEW DELHI - State-run telecom operator Bharat Sanchar Nigam Ltd (BSNL) hopes to generate Rs.1,000 crore ($207 million) of revenue in a year from its infrastructure sharing business. "The master sharing agreement (MSA) for sharing of BSNL towers is in the final stages with some telecom operators and likely to be finalised very soon," the company said in a statement Friday.
Reliance Communications net up 8.3 percentJuly 31st, 2009 MUMBAI - Reliance Communications (R-Com), part of the Anil Dhirubhai Ambani Group, has posted a net profit of Rs.1,637 crore ($342 million) for the quarter ended June 30 as against Rs.1,512 crore in the like period last year, a growth of 8.3 percent. The company's total income surged 15.5 percent to Rs.6,145 crore from Rs.5,322 crore, it said in a regulatory statement.
Mumbai airport's traffic control tower design bags awardJuly 21st, 2009 MUMBAI - The Mumbai Airport's proposed air traffic control (ATC) tower design has bagged a prestigious international award, an airport spokesman said here Tuesday. Designed by HOK International, the tower design has been conferred 'Autodesk Hong Kong Building Information Modeling (BIM) Award-2009'.
What you talkin' bout, Willis? Sears Tower takes on name of British insurance brokerageJuly 16th, 2009 What you talkin' bout, Willis? Sears Tower renamedCHICAGO — The Sears Tower has officially become the Willis Tower in a ceremony in downtown Chicago. The country's tallest building and one of the world's iconic skyscrapers was renamed Thursday after London-based insurance brokerage Willis Group Holdings as part of its deal to lease 140,000 square feet of space in the tower.
Idea Cellular demerges its tower businessJuly 9th, 2009 MUMBAI - Telecom major Idea Cellular has received shareholders' approval to hive off its tower business into a subsidiary company Idea cellular Towers Infrastructure, the company said Thursday. Its rivals Airtel and Reliance Communications had earlier demerged their passive infrastructure - towers and base stations - business to save costs.
Soon, an inflatable tower that can climb to the edge of spaceJune 9th, 2009 LONDON - Some scientists have envisaged the building of a giant inflatable tower that could carry people to the edge of space without the need for a rocket, and could be completed much sooner than a cable-based space elevator. According to a report in New Scientist, if built from a suitable mountain top, the tower could reach an altitude of around 20 kilometres, where it could be used for atmospheric research, tourism, telecoms or launching spacecraft.
Aircel launches Delhi operationsMarch 19th, 2009 NEW DELHI - Telecom operator Aircel wednesday launched its GSM mobile services in Delhi, its 14th service area. Launching the services, Aircel chief operating officer Gurdeep Singh said the company would come up with attractive plans to cater to the needs of professionals, small and medium enterprises (SMEs) and the youth.
Congress-JMM reach a consensus on seat-sharing in Jharkhand, leave two seats for RJDMarch 19th, 2009 NEW DELHI - United Progressive Alliance (UPA) allies Congress and the Jharkhand Mukti Morcha (JMM) arrived at a seat-sharing formula for 14 seats in Jharkhand on Wednesday, leaving only two seats for the Rashtriya Janata Dal (RJD). The two parties met in New Delhi and came to a conclusion that the Congress and JMM would contest from seven and five constituencies respectively.
Aircel launches Delhi operations, pledges $10-bn investmentMarch 19th, 2009 NEW DELHI - Aircel, a joint venture between between Malaysia's Maxis Communications and Apollo Hospital Wednesday launched its GSM mobile services in Delhi and said it will invest $10 billion for rolling out services in the country's 23 telecom circles. 'We have earmarked a total of $10 billion for complete roll-out of services.
Aircel to invest $5 bn for expansionMarch 13th, 2009 HYDERABAD - Telecom operator Aircel Thursday announced it will invest $5 billion over the next three to five years to expand its operations across the country. Aircel, part of Malaysia-based Maxis Communications Bhd, will invest $1 billion this calendar year, and expects to nearly double the existing subscriber base of 17 million.
Quippo buys 49 percent in Tata Teleservices subsidiaryJanuary 4th, 2009 NEW DELHI - Quippo Telecom Infrastructure Ltd (QTIL) has picked up a 49 percent stake in Wireless Tata Telecom Infrastructure (WTTL), Tata Teleservices' tower arm, a company official said Monday. Despite a minority stake, Kolkata-based QTIL will have management control in the firm, the official said on condition of anonymity.
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