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News Roundup: Tariff Hike Hits The Telecom Industry, Micromax Withdraws IPO

According to the telecom regulator, there are 840 million mobile subscribers of whom only about 588 million users are active. However, the operators continue to count the inactive users as subscribers, thus blocking the numbers allocated to them. The Department of Telecom will ask telecom operators to weed out inactive mobile users in a bid to free up mobile numbers [source]

Our take: This is more fundamental issue – government allocates spectrum based on an operator’s subscriber count and that’s the primary reason why operators inflate the numbers.

Micromax Withdraws IPO

Micromax Informatics, has withdrawn its 426-crore initial public offering due to volatile market conditions. “Due to the volatile market conditions, the board has taken a decision to defer the proposed IPO. The board will …consult its advisors to determine a suitable period for a future public offering,” [source].

Tariff Hike: Vodafone, Idea Follows Airtel

Vodafone Essar and Idea Cellular, are understood to have increased pre-paid tariffs by up to 20 per cent, in line with the recent Bharti Airtel move.[source]

Our take: The QoS (Quality of Service) has hit a new low and operators now really need to justify the hike in tariff. Playing Cartel doesn’t really help (hope government is regulating these tariff hikes).

Geometric implements virtual desktop to cut operational costs

Software services provider Geometric today said it has implemented a virtual desktop based on VXI cloud architecture with Cisco, NetApp and Citrix technologies to reduce operational costs. The deployment will allow Geometric employees to access their server-hosted virtual desktop from anywhere and from a broad range of devices, with the cloud infrastructure also helping to drive business productivity and reduced operating costs, the filing added [source].

IndianRailways.Gov site has temporarily suspended booking of train tickets.

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