The Indian telecom sector appears to be buzzing with activity over the past few weeks: Selling Stake Unitech has announced that the battle for partnering for its telecom venture - Unitech Wireless, and has been narrowed down to just two global candidates. The deal will be finalized within the next 2 months. Interestingly, McKinsey has been appointed for planning Unitech's rollout. Some readers will remember that McKinsey has been involved with telecom business planning before, but...they have had issues with collecting their dues. Unitech will roll out telecom services early next year, and plans to hire 500 execs. The company has already received spectrum for 5 circles. Swan Telecom is also in talks for selling percent stake - Business Standard puts the amount being quoted for 26 percent at $470 million, at a valuation of $2.2 billion (including debt). Business…
- PrivacyNama 2022 Workshop: Privacy Preserving Advertising; October 11 October 7, 2022
- IRDAI Approves ‘Amazon-like’ Intermediary For Selling Insurance Products: Benefits and Concerns October 7, 2022
- Will Google offer its free VPN service on Pixel phones in India? October 7, 2022
- Tesla CEO Elon Musk will buy Twitter for $44 billion after all October 6, 2022
- Jio and Airtel showcase their surveillance systems at the India Mobile Congress 2022 October 6, 2022
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