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New Indian mobile operators Etisalat DB (formerly known as Swan Telecom) and Allianz Infratech seem to want to merge their operations. According to a Times of India report, Etisalat DB is to merge its activities in 13 circles with Allianz Infratech’s two universal access service (UAS) licenses (in Madhya Pradesh and Bihar) to create a new entity that will reach 15 out of India’s total 22 circles.
UAE’s Etisalat secured a 45% stake in Swan Telecom in September 2008, valuing the company at INR9,400 crore ($2 billion).
In the related news, Times of India reports that the Telecoms Regulatory Authority of India (TRAI) is currently looking to change the current M&A rules to encourage consolidation in the telecoms sector. The existing guidelines do not allow for mergers of two entities in the same service area, or the spectrum of two entities in the same service area to be combined till three years from the effective date of license…
[Via: GSMA]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
