Posts Tagged ‘Datacom’

The world class household name Videocon has precluded its launch of DTH to the ensuing fiscal year. The move is a consequence of the economic downfall and Videocon is cautious enough to withhold the DTH deed, though the company has attuned a $2.5billion business in consumer durables. D2H, as it is called, was originally slated for the August 2008 launch, but the delay has become ... Full story

Indian government today allocated the spectrum for Shyam telecom to start their CDMA services all over the country. Major stake of the Shyam telecom is owned by Russain telecom leader Sistema and with the allotment, Shyam telecom becomes the third player in the country to offer CDMA services after Reliance ADAG owned RCom and Tata teleservices. Shyam telecom had applied for the license ... Full story

Datacom reconfirms that it will launch their mobile services on August 15, as per schedule, in Chennai. Datacom solutions pvt limited, a joint venture of Venugopal Dhoot owned Videocon group and Nahata owned Jumbo Techno Services Pvt Ltd, plans to launch its mobile services from August 15. But sooner Jumbo, (who holds 36% stake), has raised several issues relating to corporate governance and shareholders agreement ... Full story

Videocon mobile services will be rolled out from Chennai in the middle of August. The company said it is aiming for a market share in India in the next 5 years. “We are aiming for 50 million subscribers in five years. The Indian market will have more than 500 million mobile users by then,” Videocon chairman and managing director Venugopal Dhoot said. Videocon has got license for ... Full story

India's largest consumer electronics and appliances manufacturer, Videocon has surprised the business world by expressing its willingness to acquire the handset business of US based Motorola. Videocon Industries chairman Venugopal Dhoot confirmed that his company had already submitted an expression of Interest to manfacturing giant. However details about the bidding value is not publicly available. Motorola, the third largest mobile manufacturer next ... Full story