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News Digest: IBN, DoCoMo Internet, Financial Express, Millicom & More

IBN18 Broadcast Board to consider Right Issue

IBN18 Broadcast Ltd has informed the BSE that a meeting of the Board of Directors of the Company will be held on September 24, 2009, inter alia, to consider the issue of shares on Rights basis to the existing shareholders of the Company and to approve the Draft Letter of Offer for the proposed Rights Issue or the Company.

Tata DoCoMo’s Internet Promotional Offers

Tata DoCoMo, the GSM joint venture between Tata Indicom and NTT DoCoMo, has launched two promotional offers targeting heavy users of Internet on mobile. They bring a taste of “unlimited” data usage and at very attractive rates, but remember – it will not last. The wait for affordable, fast mobile Internet and 3G continues. Docomo users can buy a special “EVD recharge” cards (electronic voucher cards) from a retailer. The prepaid cards are in two denominations:

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  • Rs. 15 – with a validity period of 3 days, this is bait for new users who want to test mobile Internet or who use it rarely.
  • Rs. 95 – lasts a month. If it offers good speeds, could be used to connect it to your laptop and browse.

Considering that the telco is still new and has a low subscriber base, it could be that speeds will be higher than other subscribers experience. The telco’s general rates for GPRS are 1 paisa per Kb. A rental pack for postpaid users costs Rs. 99, which allows 100 Mb of data transfers and downloads, for a validity of a month.

Penalty For Telcos For Not Rolling Out

Telecom operators such as Tata Indicom, Bharti Airtel and Reliance Communications are being fined by the government for not rolling out their networks in time.  (details at Times of India)

M.K.Venu To Join Financial Express As Editor

Opinion Editor of The Economic Times’ M.K.Venu has quit to join rival pink paper Financial Express as Managing Editor. He blogged at Wisdom by Hindsight. (more at Content Sutra)

Millicom Says No Thank You

A few days after Indian telecom company BSNL announced it was bidding for Sri Lankan assets of Millicom International S. (which is known by the brand Tigo) comes the news that the bid has been rejected. (via Trading Markets)

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Sampurn Media To Market Film Ajab Prem Ki Ghazab Kahani

Sampurn Media will market TIPS Films’ next mega-budget movie – Ajab Prem Ki Ghazab Kahani, looking into Social Media Marketing, as well as brand tie-ups with various electronic channels. [release]

— Galileo and Paymate launch ‘mSmart’ in India [TravelBizMonitor]

— Four in contention for Telecom Secretary’s post [Economic Times]

— Unitech cell offering to use UniNor brand in India [Economic Times]

— Vodafone Hutchison to move 450 jobs to India, Tasmania [Mint]

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— Prakash is member of telecom commisssion [Times of India]

— Live India’s Markand Adhikari Launching Magazine On Governance; B.V. Rao Is Editor [ContentSutra]

Unitech Wireless appoints Shuchi Singal Agarwal as Deputy GM [Exchange4Media]

Quasar Media to handle monetisation of Champions League Twenty20 official website [Afaqs]

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