& cplSiteName &

Swan Buys Some Reach

Catherine Haslam

7:45 AM -- Indian services startup Swan Telecom has purchased fellow 2G license holder, Allianz Infratech, following the issue of a no-objection certificate from the Department of Telecommunications (DoT), according to a report in India's Economic Times.

Swan Telecom, in which Etisalat holds a 49 percent share, is one of the six new entrants in India's telecom market and holds licenses in 13 of India's 22 circles (service areas). (See A Guide to India's Telecom Market.)

Allianz Infratech holds a license to operate in a further two -- the B circle of Madhya Pradesh and the C circle of Bihar.

Once the purchase goes ahead, Swan, which is concentrating mainly on India's cities and towns, will have secured a presence in all but two of the country's urban circles -- the Metro circle of Kolkata and its surrounding B circle, West Bengal.

— Catherine Haslam, Asia Editor, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from AsiaBlog
Staff humiliation strategy goes viral in China
Are you watching, Europe?
Security concerns scupper China Mobile investment in Taiwanese operator
Major carrier plans a near 50% hike in annual spending, with LTE TDD getting a healthy chunk
The Chinese vendors hike their intellectual property investments and ask everyone to play nice with patents
Featured Video
Upcoming Live Events
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events