Trai proposals: Telecos’ balance sheets in danger zone
The capital required to run and expand operations will increase significantly considering that the latest proposals by Telecom Regulatory Authority of India value the 2G spectrum at 2-4 times the 3G spectrum cost, which operators had paid in 2010. In addition, the spectrum ‘refarming’ proposal, which will compel existing operators to move from the current 900 MHz spectrum to 1,800 MHz, would call for modification of tower infrastructure and more capital expenditure. [source]
Publicis acquires Indian digital agency Indigo
Communications giant Publicis Groupe has acquired Indigo Consulting, a full-service Indian digital agency, for an undisclosed sum.
Indigo was founded in 2000, and has 160 people in Mumbai and Delhi. It will now operate as a unit within the Leo Burnett Group in India, retaining the Indigo brand. [source]
Datawind partners with GetJar for Ubislate II
Maker of world’s cheapest tablet DataWind on Monday announced a partnership with GetJar to pre-install the GetJar app store on all Datawind Ubislate tablets. GetJar’s app store offers customers access to over 350,000 free applications, many of which users would have to pay for in other app stores.
EdServ ties up with Amazon.com
EdServ Softsystems Limited, an education support services company, has tied-up with online retail major Amazon.com to offer its 2tionPlus educational applications through the latter’s app store.
S Giridharan, chairman and chief executive officer of EdServ, said, “Through this tie-up with Amazon.com, we will provide the entire online education content, including tuition, academics, skill development and test prep services, on the Amazon app store.” [source]
IT firms may take a leaf out of Infy’s no-pay-hike move
Infosys’ desire to stay close to high margins necessitated the no-pay-hike announcement, but the fallout could lead to an industry-wide impact on salary hikes. “It’s likely that some companies would cite this as a precedent. As all companies are facing marginal pressures, this could well be the norm in the industry,” says Mr E Balaji, Managing Director and CEO, Ma Foi Randstad, an HR consulting firm.[source]