Japanese telco NTT DoCoMo set to exit TTSL

Japanese telecom major NTT DoCoMo is moving ahead with its plans to exit India after it sells its stake in Tata Teleservices (TTSL) while Vodafone is expected to acquire the Indian company to create the largest telco in the country by subscribers, according to sources. Reliance Jio expected to launch 4G services by Sept PTI February 24, 2014 "Reliance Jio is engaged in building up team for telecom services which is almost done. Telecom services are likely to be launched in third quarter of 2014 ie July-September period starting from Delhi and Mumbai," a source privy of the development said. Airtel loses Nigeria court case, may face $3bn payout PTI February 20, 2014 Bharti said it will appeal in Nigeria's Supreme Court against the judgement of the court, which held that Econet Wireless remained a bona fide stakeholder in Airtel Nigeria, a unit of the Indian firm. Bharti Airtel first to cross 200 mn mobile-user mark in India PTI February 19, 2014 The telecom firm said in a statement said that it "has crossed the 200 million mobile subscriber mark in India, further consolidating its leadership position in the world's second-largest mobile market." Govt willing to settle tax dispute with Vodafone PTI February 19, 2014 A day after Finance Minister P Chidambaram said it is up to the revenue department to enforce the tax notice on the company, highly placed sources said if Vodafone makes up its mind on conciliation, it can happen in a few days. Telecom M&A guidelines expected within 10 days PTI February 19, 2014 The Empowered Group of Ministers (EGoM), which has approved the guidelines, has sought legal opinion on whether consolidation of companies would amount to sale of equity, violating the lock-in period rule of the telecom licence. Bharti Airtel to buy Loop Mobile business for Rs 700 cr PTI February 18, 2014 Under the agreement, Loop Mobile's 3 million subscribers in Mumbai will join Airtel's over 4 million subscribers, making it a largest network in the metropolitan city. Bharti Airtel set to buy Loop Mobile in $113 million deal Prashant Mehra February 17, 2014 A newspaper report quoting sources familiar with the deal says Bharti Airtel will get Loop's 3 million subscribers, about 400 telecom towers and optic fibre and electronic equipment on which Loop's network currently runs. Telcos set to press tariff hike button Mail Today Bureau February 17, 2014 Telcos could hike tariffs and a further scale down discounts and freebies as the heavy financial burden of last week's 2G spectrum auction weighs on their balance sheets. Reliance Industries 'eyes' Videocon 2G licences Sanjay Singh February 15, 2014 According to sources, Mukesh Ambani-run Reliance Jio Infocomm (RJI) is inching closer to strike a deal with Videocon Telecommunications in 1,800 MHz for buying its 2G licences in eight circles while Sunil Bharti Mittalled Airtel is eyeing Loop Telecom's Mumbai circle. Bharti Airtel launches '4G on mobile' in Bangalore Nidhi Singal February 14, 2014 For the time being, the service will be available only on the Apple iPhone 5S and iPhone 5C smartphones. 4G battle heats up, spectrum band sees aggressive bidding Sunny Sen February 14, 2014 The current auctions saw massive traction in the 1800 MHz band, which will enable operators to offer 4G data services. Ultimately Airtel acquired 15 circles, Vodafone 11, and Idea Cellular eight, apart from Reliance Jio getting 14 circles, Uninor five, Aircel five an