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Chakri K

Ahead of Merger, Vodafone and Idea Sell Standalone Tower Businesses to ATC Telecom for $1.2 Billion

Ahead of Merger, Vodafone and Idea Sell Standalone Tower Businesses to ATC Telecom for $1.2 Billion

India’s second and third largest telcos by subscribers, Vodafone India and Idea Cellular, have separately agreed to sell their respective standalone tower businesses in India to ATC Telecom Infrastructure Private (ATC TIPL) for an aggregate enterprise value of Rs 78.5 billion or $1.2 billion, an official statement said. The transaction … Read More

Chakri K

Flipkart’s Billion Capture+ Smartphone is Promising, But It Has a Mountain to Climb in the Crowded Indian Smartphone Market

Flipkart’s Billion Capture+ Smartphone is Promising, But It Has a Mountain to Climb in the Crowded Indian Smartphone Market

E-commerce giant, Flipkart, yesterday announced its maiden smartphone, the Billion Capture+. After Micromax, Flipkart becomes the only brand to go after the likes of Chinese brands such as Xiaomi, Lenovo, Coolpad in the ‘value for money’ space. Flipkart has priced the smartphone at Rs. 10,999 for the base variant, and … Read More

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