Chinese equipment vendor ZTE Corporation is aiming to step up its India business and hopes to clock a turnover of $1 billion from its operations in the country this year, up from $750 million last year.
ZTE, so far has been selling handsets in partnership with mobile operators but now wants to take the independent route. The focus is on ULCH and volume growth.
ZTE is looking to manufacture 50 million handsets in 2008 (up from 30 million in 2007) and supply over 15 million of these to India (as against 10 million last year).-source
As far as the Indian market is concerned, ULCH phones amount to ~50% of the total
handsets (read this detailed report on future of Mobile VAS in India) and BoP market is where the real money is.
Airtel partners with SKS Microfinance
As part of its Grameena Mobile Kranthi, Bharti Airtel has entered into a strategic tie-up with SKS Microfinance. Airtel will provide free prepaid SIM cards to the SKS members (in one shot they get access to 750,000 members), the microfinance company has tied up with Nokia for handsets and would be providing loans to members to purchase the handsets. – source
Talk of distribution and Airtel/Nokia knows the mantra!
GSM players oppose one-time spectrum fee
GSM-based mobile operators including Bharti Airtel, Vodafone Essar and Idea Cellular have written to the Prime Minister, Dr Manmohan Singh, against the proposal to impose one-time fee on telecom companies with more than 6.2 Mhz spectrum.
DoT has been mulling such a fee for some time Samajwadi Party leader, Mr Amar Singh, wrote to the Prime Minister that the Government should ask operators to pay Rs 1,312 crore for every Mhz they hold above the 6.2 Mhz mark (if it happens, Airtel might have to pay Rs 10,000 crore!) – source
Tata Indicom launches M-commerce solutions
Tata Indicom has launched a set of m-commerce apps hat helps customers in booking airline, railway and movie tickets through Tata Indicom Mobiles. The customers will have to download the application on their mobile to avail themselves of these features. They can view areas, availability and schedules for all available airlines and trains and book tickets by paying through credit card. -source