TCS bags 5-year application management contract from Ericsson India's largest IT consultant and software exporter Tata Consultancy Services (TCS) said it has been selected by Sweden-based telecommunications equipment supplier Ericsson to deliver application maintenance and development services for its internal IT operations. 17 Sep 2008
Reliance Communications Q1 FY09 net profit rises 24 percent, seeks global buys India's second largest mobile services provider, Reliance Communications has reported a 23.9 percent jump in net profit for the fiscal quarter ended June 30, 2008, citing strong contributions across all business segments. 01 Aug 2008
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Modi set to sell stake in Spice Communications to Idea Cellular Aditya Birla Group's Idea Cellular has offered to buy majority stake in Spice Communications for an undisclosed amount, a deal, which will create, if successful, the fourth biggest mobile services provider in India. 07 Jun 2008
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RCom JVs with Alcatel-Lucent to provide managed network services India's second largest mobile services provider, Reliance Communications has signed a global joint venture with world's largest telecommunications equipment provider Alcatel-Lucent for managed network services (MNS). 13 May 2008
RCom acquires WiMax operator eWave World, to expand global footprint Anil Dhirubhai Ambani Group's (ADAG) flagship company and India's second largest mobile services provider, Reliance Communications said it has acquired eWave World, a UK-based WiMax operator for an undisclosed sum. 25 Apr 2008
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RCom to acquire WiMax operator in Europe, expand services in 50 countries Anil Dhirubhai Ambani Group (ADAG) company Reliance Communications (RCom) has expressed interest in acquiring a Europe-based specialty WiMax operator for about $300-400 million and plans to become a major player in the international telecommunication market by expanding the WiMax services across 50 countries in the next 2-3 years. 24 Mar 2008
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Tata to inject $500 million to fuel WiMax spread in India Tata Communications, an emerging broadband player has announced that it will invest $500 million over the next three years and connect 200,000 retail customers using WiMax by March 2009. 13 Mar 2008
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Reliance Communications to invest $500 million in Uganda Reliance Communications, an Anil Ambani group company, has acquired Uganda-based Anupam Global Soft, a company holding public infrastructure provider license (PIPL) and public service provider license (PSPL) issued by Uganda Communications Commission, and is targeting to invest around $500 million (Rs. 2,000 crore) in the region. 10 Mar 2008
