BRIEFING – Asia TelecomMUNICATIONS – SEPT 13, 2011
An executive briefing on the telecommunications industry for Sept 13, 2011, prepared by Asia Pulse (http:/ www.asiapulse.com), the real-time, asia-based wire with exclusive news, commercial intelligence and business opportunities.
INDONESIA’S TELKOM EARMARKS US$116 MLN FOR ACQUISITIONS IN 2012
JAKARTA – State telecommunications operator PT Telekomunikasi Indonesia Tbk (Telkom) will set aside Rp1 trillion (US$116 million) in funds to realize its acquisition plan in 2012, its president director said.
“We will prepare at least Rp1 trillion for the acquisition purpose,” Rinaldi Firmansyah said on the sidelines of the 5th Annual Best Financial Institutional Award 2011 here on Monday.
NOKIA SLIPS, SAMSUNG CATCHES UP FAST IN INDIAN MARKET SHARE
NEW DELHI – Korean mobile handset maker Samsung (KSE:005930) is catching up fast with its Finnish competitor Nokia on the back of a strong growth in smartphones and feature phones in India.
According to the latest figures made available by the Voice &Data study, Samsung posted a growth of 21.7 per cent to register revenues of Rs 5,720 crore (US$1.2 billion) in 2010-11 from India, from Rs 4,700 crore in the previous fiscal year.
JAPAN COS TO PARTNER WITH SAMSUNG FOR JOINT MOBILE CHIP VENTURE
TOKYO – Samsung Electronics Co. (KSE:005930) and several Japanese firms will partner to set up a joint smartphone chip venture as early as next year to challenge Qualcomm Inc., a Japanese newspaper reported Tuesday.
According to the Nikkei business daily, NTT DoCoMo Inc. (TSE:9437), Fujitsu Ltd (TSE:6702); NEC Corp. (TSE:6701) and Panasonic Mobile Communications Co. are in talks with Samsung to form an alliance to develop, design and sell key chips for next-generation smartphones.
INDIAN TELCOS FEAR NEW GUIDELINES ON VAS WILL HURT BUSINESS
NEW DELHI – Indian Value-Added-Services (VAS) providers are up in arms against Telecom Regulatory Authority of India’s (TRAI) proposed directives on the procedure for providing VAS to users as the former feel that this could kill the industry and may also cause a revenue loss of Rs 1,500 crore (US$318 million) to the government.
“It’s not clear why TRAI would back such a move… it would result in a revenue loss of Rs 1,500 crore to the Government. Besides crumbling a Rs 10,000 crore eco-system that employs over 12,000 people,” one of the leading VAS providers said.
INDIA’S NETMAGIC TO SPEND US$9.5 MLN ON NOIDA DATA CENTRE INFRA
NEW DELHI – Indian data centre firm Netmagic has earmarked an investment of Rs 45 crore (US$9.5 million) to set up the initial infrastructure at its new facility in Noida, spread over 40,000 square feet.
“We will continue to make investment in our international data centre (IDC), but initially we have committed an investment of Rs 45 crore for the Noida facility. It can even go up to Rs 55 crore, but will depend on the servers. The expansion will be based on demand from customers,” Netmagic Solutions Managing Director and CEO Sharad Sanghi said.
TELKOM AWARDED FOR CONTRIBUTION TO INDONESIAN STATE
JAKARTA – Indonesia’s state-owned telecommunications operator PT Telkom (IDX:TLKM) has been named the best firm which consistently contributes the biggest income to the state.
Alpha Southeast Asia provided PT Telcom with an award for the “Most Consistent Dividend Policy &Strongest Adherence to Corporate Governance” at its 5th Annual Best Financial Institutional Award 2011 here on Monday.
INDIA’S SSTL POSTS Q2 NET LOSS OF US$143MLN
NEW DELHI – India’s Sistema Shyam TeleServices Ltd (SSTL), which operates telecom services under the MTS brand, has reported a net loss of Rs 657.6 crore (US$143.17 million) for the second quarter ended June 30, 2011.
The company had posted a net loss of Rs 661.3 crore for the same quarter of the previous fiscal, SSTL said in a statement.
INDONESIA’S INDOSAT HOPES TO SELL 4000 TELECOMMUNICATIONS TOWERS
JAKARTA – Indonesia’s second largest telecommunications company PT Indosat (IDX:ISAT) said it hopes to complete sales of 4,000 units of its telecommunication towers worth around US$500 million this year.
Offers have come from a number of companies, its spokesman Djarot Handoko said last weekend, adding Indosat is studying the offers.
INDIA’S BHARTI GETS 2G, 3G LICENCES IN RWANDA,TO INVEST US$100M
NEW DELHI – Expanding its footprint in Africa, Bharti airtel (BSE:532454) will operate 2G and 3G mobile services in Rwanda for which it has announced an investment of US$100 million in the next three years.
The company said it has been awarded licences to operate mobile services by the Rwanda government.
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