Telecom Sector
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Verizon upgrades its 4G LTE network in Fort Wayne, Elkhart, and other Indiana cities

Verizon upgrades its 4G LTE network in Fort Wayne, Elkhart, and other Indiana citiesBigwig US wireless carrier Verizon Wireless has revealed in a recent announcement that its 4G LTE network has been upgraded to `XLTE' in Fort Wayne, Elkhart, and other Indiana cities.

Verizon reports 2014 Q1 earnings; lost core phone customers

Verizon reports 2014 Q1 earnings; lost core phone customersThe pricing battle waged between AT&T and T-Mobile has apparently taken a toll on Verizon Wireless quarterly earnings --- with the 2014 first-quarter earnings reported by the carrier on Thursday showing that it lost core phone customers during the quarter.

Verizon lowers price of More Everything Edge smartphone 10GB plans

Verizon lowers price of More Everything Edge smartphone 10GB plansIn a move evidently aimed at matching rival AT&T's price reduction for its Mobile Share Value plans earlier this year, Verizon Wireless has revealed in a Wednesday announcement that it has lowered the cost of its More Everything Edge smartphone 10GB plans.

Telstra to sell its directories business, Sensis for $3b

Telstra to sell its directories business, Sensis for $3bReports say, Telstra is in talks with a United States private equity firm to sell its directories business, Sensis, for $3 billion.

In an attempt to turn the telco's focus to its technology packages and PAY-TV bundles, David Thodey the company's CEO is believed to be ready to sell the directory business as the company adapts to the digital media landscape.

Report says By June 2014 Mobile Internet Users in India Will be 185 Million

Report says By June 2014 Mobile Internet Users in India Will be 185 Million India has become the third largest country by the number of internet users and the second largest country by number of mobile subscribers.  The mobile users are now overcoming the conservative thoughts of mobile data security, resulting in higher dissemination of mobile internet.  According to a recent report from IAMAI, titled Mobile Internet In India 2013, the mobile internet users in Indi

Vodafone in discussion for a deal with Tata Teleservices

VodafoneTo create India's largest telco, Vodafone has entered in early talks with the Tata Group to buy its controlling stake in Tata Teleservices.

A person who is aware about the development said, "Discussions are at an early stage. It is difficult at this stage to say what the outcome of these talks will be."

Vodafone replies to govt's offer of conciliation on Tax dispute

Vodafone replies to govt's offer of conciliation on Tax disputeOn Tuesday, Vodafone the British telecom major submitted its reply to the finance ministry's proposal for a non-binding conciliation to settle the long pending Rs. 11,200 crore tax dispute.

It was not known immediately if the company has accepted the government offer for out of court settlement of the tax dispute.

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