Telecom Sector in India gets 100% FDI nod
Indian Telecom sector recently got an approval by Inter-ministerial body Telecom Commission for raising foreign direct investment (FDI) limit in the sector from 74 per cent to 100 per cent. As per the Telecom Commission, 49 per cent of investment in an entity can be done through automatic route and the rest is subjected to the approval by FIPB. “The decision will come in force only after the Cabinet approves it,” a senior government official said. This move is expected to help the industry get fresh funds to lower the existing financial burden on Indian telcos.
Purchasing a new SIM card to get stricter; Fingerprint Verification may soon be implemented
If reports are to be believed, the home ministry has asked the department of telecommunication (DoT) to make it compulsory for cellphone service providers to take fingerprints or any other biometric feature of the subscriber, similar to Aadhaar, before activating the mobile numbers (As reported by Economic times). The Department of Telecommunications (DoT) had last year made it mandatory for a mobile service provider to physically verify an applicant before issuing a SIM card in order to enhance security and confirm that it falls into safe hands. However, retails across the country have been found breaking the rules. The matter was recently also raised by the Delhi Police Commissioner, who had reportedly complained that the it is the cut-throat competition among the mobile service providers that has led to laxity in carrying out the prescribed physical verification of an applicant.
In the month of April 2013 alone, 2.03 million requests have been made for MNP: TRAI
According to the latest subscription data by Telecom Regulatory Authority of India (TRAI), in the month of April 2013 alone, 2.03 million people have opted for Mobile Number Portability (MNP). In MNP Zone-I (Northern & Western India) maximum number of requests have been received in Rajasthan followed by Gujarat whereas in MNP Zone-II (Southern & Eastern) maximum number of requests have been received in Karnataka followed by Andhra Pradesh Service area.
Total wireless subscriber base in India decreased from 867.80 million in March 2013 to 867.02 million at the end of April 2013 however total Broadband subscriber base has increased to 15.09 million at the end of April 2013.
Now, trade in your older Blackberry Handsets for the New Z10 and get hefty discounts upto 11,000
In order to push sales, BlackBerry has started a month-long programme allowing users to trade their older mobiles for the newest model Z10 for hefty discounts of up to Rs 11,000. Users of BlackBerry Bold 9900 can get discount of up to Rs 11,000 under this scheme while users of entry level models like BlackBerry Curve 8530 can get discount of Rs 3,000. “Customers across 17 cities will get discount of up to Rs 11,000 if they buy BlackBerry Z10 under this scheme. We have given reference rates to dealers for existing BlackBerry users willing to shift to BlackBerry Z10,” BlackBerry India’s Director for Channel Sales Prosenjit Sen told PTI.