Tag: aircel

RIM Likely to Profit from $11bn 3G License Auction in India

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The 3G auction in India raised an astounding $11 billion by selling licenses to major carriers such as Bharti Airtel, Reliance Communications and Aircel. Considering the low price of communications in India, $11 billion is even more incredible.

Now that the 3G licenses are in place, these carriers are going to need to sell a lot of 3G enabled devices to start collecting some revenue. BlackBerry have a solid footing in India, and we can expect the company to profit significantly after this auction. Just recently, the Bold 9700 was launched in India and users can also use the Storm2 9550 on the country’s 3G networks. I’m sure we’ll see some of the next generation devices hit India as well to cater to the high-end smartphone buyers.

Reliance to buy Aircel for $7 billion

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IndiaIndian carrier Reliance is whetting its lips as talks progress on getting their mitts on competitor Aircel.They might not be names you’re too familiar with, but Reliance is one of the biggest carriers in India, and Aircel is the 6th. largest carrier in India. The acquisition would significantly expand Reliance’s GSM network through Aircel’s licences, as well as adding Aircel’s 6.2 million base subscribers to their fold. Last we heard from Reliance, they were working on a massive network expansion, and now topped off with this acquisition, Reliance is making huge strides.