News Roundup: Reliance Tops The MNP Loser List

As per GSM body Cellular Operators Association of India (COAI) data, as of April 28, RCom is the biggest MNP loser, with a combined net loss of 10,70,747 users, out of which its newly launched GSM operations took the worst hit with 7,45,877 port-outs, while its port-ins stood at a low of 1,30,16.

So far, only about 4 million out of 771 million users have dumped their operators in the first five months. [source]

Govt asks MTNL, BSNL to synergise operations, function as one entity

The government has asked the two telecom PSUs – BSNL and MTNL – to synergise their operations and function as one entity, pending their merger, offering Pan-India services. BSNL provides all telecom services – fixed-line, mobile, STD, ISD, internet etc – in 20 circles other than Delhi and Mumbai, where MTNL operates.[source]

Azim Premji Invests $15mn in Vinod Khosla’s clean-tech fund

Wipro’s chairman, Azim Premji has invested in Vinod Khosla’s cleantech fund. Khosla’s green fund investments range from cellulosic ethanol firm Range Fuels and LS9 that designs microbes to produce biofuels.
In 2009, Khosla Ventures raised nearly $1.1 billion for two funds focussed on green technology and information technology start ups.[source]

Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download, the short news app for busy professionals