Reliance through Jump Games enters the US market for Mobile Gaming
By Azam on August 20, 2008 Add a Comment 
India’s Reliance ADA Group is setting its sights on the mobile gaming industry and plans to enter the US market. The company is scouting for acquisition candidates in the mobile gaming industry. Any deals will be made through Reliance ADA…
Continue Reading...Obopay is Working to Make Mobile Payment Easy
By Azam on August 6, 2008 Add a CommentObopay is planning to enable users to pay for virtually anything through the mobile device. Obopay will offer a comprehensive solution for mobile service providers, merchants, financial service firms and consumer end users . Obopay will team up with mobile…
Continue Reading...India to Allow 10 Wireless Carriers to offer 3G in India
By Azam on August 1, 2008 Add a CommentIndia plans to launch 3G services through upcoming auction according to India Communications and Information Technology. The wireless communication industry is set for further growth with advance services offered through 3G.
Airwaves to provide third-generation, or 3G, services, which enable faster…
Continue Reading...Nokia invest 150M More in Venture Arm for Investments in India and China
By Azam on July 31, 2008 Add a Comment 
Nokia announces further 150M Investment in Nokia Growth partners aimed Internet services in the emerging markets investment in India and China. Nokia intends to set up direct operations in India and China .
The investment raises funds under management of Nokia…
Continue Reading...Indian Private Equity Funds are in Style with Big Indian Players
By Azam on July 14, 2008 Add a Comment
India has been dominated by few large players since the time of the License Raj. The Large business houses in India are setting up Private Equity Funds to acquire equity stakes and companies. Previously, business would use the large business…
Continue Reading...NBC makes strategic investment into NDTV in the media market of 1B + Population
By Azam on May 28, 2008 Add a Comment
NBC paid 150M for a 26% stake in New Delhi Television Networks entering further into the Indian market. NDTV filed with BSE related to subscription for shares amounting to 638 crores (150M USD) for an indirect stake of 26% in…
Continue Reading...India Mobile TV to reach $360M
By AZAM on March 8, 2008 1 CommentIndian mobile phone users are ready for Mobile TV services with the potential market size estimated to be US $360 million in 2008, according to Springboard Research market study. The analyst Ravi Pandey predicts 12 million subscribers will use Mobile…
Continue Reading...Tata plans invest $500-600M to deploy WiMax
By AZAM on March 4, 2008 Add a CommentTata plans invest $500-600M to deploy WiMaxTata Communications plans to connect 200,000 retail customers using WiMax by March 2009. The company plans to target both retail and enterprise customers; the company announced its plans to roll out WiMax in 110…
Continue Reading...Nokia with a new approach
By AZAM on March 1, 2008 Add a CommentNokia is taking a new approach to the mobile phone which is experiencing declining average selling price per handset. Nokia has been aggressively pursuing sales in emerging markets such as India and China resulting in lower cost handset for affordable…
Continue Reading...GeoSentric to Launch GyPSii in India
By Azam on February 11, 2008 Add a CommentGeoSentric the company behind GyPSii, the world’s leading geo-location and social networking service provider for mobile phones and Internet devices, has signed an agreement with Broadway Pvt. Ltd., to offer the full suite of GyPSii services to the worlds second…
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