From next year, keep your mobile number when you change operatorSeptember 23rd, 2009 NEW DELHI - India's telecom regulator Wednesday issued guidelines on mobile number portability (MNP) that will allow subscribers to change operators while retaining the original number, but only within a particular circle. The new facility will become a reality from Dec 31 in metros and by March 20, 2010 in the rest of the country, said a statement from the Telecom Regulatory Authority of India.
Sprint Nextel deal to acquire Virgin Mobile USA gets clearance from Federal Trade CommissionAugust 25th, 2009 Sprint Nextel-Virgin Mobile USA deal gets FTC's OKWASHINGTON — The Federal Trade Commission has removed a regulatory hurdle to Sprint Nextel Corp.'s proposed $483 million acquisition of Virgin Mobile USA Inc. FTC regulators approved an early termination of the agency's antitrust review, indicating they have no objections to the deal, according to a posting Monday on the FTC's Web site.
Sprint CEO Hesse says few new prepaid customers are former contract customersAugust 6th, 2009 Sprint says few contract customers going prepaidNEW YORK — Sprint CEO Dan Hesse said Thursday that only "a low single-digit percentage" of new prepaid customers are coming over from Sprint's more lucrative contract-based plans. Sprint Nextel Corp.
Sprint Nextel reports larger loss in 2nd-qtr as revenue, subscribers sinkJuly 29th, 2009 Sprint Nextel posts wider 2Q loss, shares skidKANSAS CITY, Mo. — Investors pummeled Sprint Nextel Corp.'s shares Wednesday after the nation's third-largest wireless carrier said it continued to hemorrhage some of its most valuable customers during the second quarter despite the introduction of the glitzy Palm Pre smartphone.
Sprint Nextel to acquire Virgin Mobile USA in $483M deal that sharpens its focus on prepaidJuly 28th, 2009 Sprint focuses on prepaid with Virgin Mobile dealNEW YORK — Sprint Nextel Corp. is intensifying its focus on the fast-growing market for prepaid cell phone service with a $483 million deal to buy Virgin Mobile USA Inc.
Sprint Nextel will acquire Virgin Mobile USA at $5.50 per share; Sprint values deal at $483MJuly 28th, 2009 Sprint Nextel to buy Virgin Mobile USAOVERLAND PARK, Kan. — Telecommunications company Sprint Nextel Corp.
Greece to register prepaid cell phones to fight crime, illegal immigrationJune 17th, 2009 Greeks to register prepaid cell phonesATHENS, Greece — Greece's prepaid mobile phone users will now have to register their identities in a bid to tackle illegal immigration and other crime, the communications minister said Tuesday. Evripidis Stylianidis said widespread anonymous cell-phone ownership made crime-fighting more difficult.
Sprint Nextel posts larger 1Q loss on slower sales but beats estimates and stock surgesMay 4th, 2009 Despite prepaid lift, Sprint Nextel loss widensKANSAS CITY, Mo. — Despite a widening net loss, Sprint Nextel Corp.
Sprint Nextel posts larger 1Q loss amid slower sales, charge for job cutsMay 4th, 2009 Sprint Nextel reports larger 1Q lossKANSAS CITY, Mo. — Sprint Nextel Corp., the nation's third-largest wireless service provider, on Monday reported a larger first-quarter loss on declining revenue and a charge for job cuts announced in January.
AT&T 1Q earnings fall 9.7 percent but beat Wall Street estimatesApril 22nd, 2009 AT&T 1Q earnings fall 9.7 percentNEW YORK — Strong results from the wireless business softened the effect of the weak economy at AT&T Inc., helping the country's biggest telecommunications carrier beat analyst estimates for the first quarter. AT&T said Wednesday it earned $3.126 billion, or 53 cents per share, in the first three months of 2009, down 9.7 percent from $3.461 billion, or 57 cents per share, a year earlier.
China Mobile 1Q profit up 5.2 percent but growth slows amid financial crisis, competitionApril 20th, 2009 China Mobile quarterly profit up 5.2 percentBEIJING — China Mobile Ltd., the world's biggest phone company by subscribers, said Monday its first quarter profit rose 5.2 percent but growth slowed due to China's economic slowdown and stronger competition. Profit for the three months ended March 31 was 25.2 billion yuan ($3.7 billion), compared with 24 billion yuan for the same period last year, the Beijing-based company said.
R-Com adds 11.3 mn subscribers in January-MarchApril 15th, 2009 NEW DELHI - Reliance Communications (R-Com) Wednesday said it has added 11.3 million new subscribers during the January-March quarter this year. 'With an addition of three million new subscribers in March, R-Com has achieved a 113 percent growth in quarter-on-quarter subscriber additions,' a company statement said.
Virgin Mobile launches 'New Thumb Rule' SMS offerJanuary 21st, 2009 BANGALORE - Mobile service provider Virgin Mobile Thursday announced the India launch of 'New Thumb Rule', its latest SMS proposition that allows subscribers to send 100 national and 100 local SMSes free-of-cost daily after paying for the first three messages of each type. The subscribers do not have to avail of any special package to access the latest offer and they can send free SMSes to any network, Virgin Mobile chief executive M.A.
India's telecom industry earns Rs.371 bn revenue in Q2January 12th, 2009 NEW DELHI - The Indian telecom sector continued its robust growth with the wireless market growing at 9.91 percent and churning revenues worth Rs.371 billion (Rs.37,196 crore) for the second quarter ending September, an official agency said Tuesday. A total of 28.44 million subscribers was added in this quarter, the Telecom Regulatory Authority of India (TRAI) said in a statement.
India adds 8.12 million GSM subscribers in DecemberJanuary 11th, 2009 NEW DELHI - India's GSM mobile phone operators maintained their fast paced network expansion, adding 8.12 million new subscribers in December, a statement issued here said Monday. The total base of GSM subscribers has now crossed the 250 million-mark and stands at 257.85 million as on Dec 31, the Cellular Operators Association of India (COAI) said in a statement.
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