2G Spectrum Scam – Banks / FIs to get Piece of Spectrum ? – Systemic Risk
Not too long ago, the year 2008 went down in the history as year of sub-prime crisis. Just as the Spectrum Scam intensified with the stepping down of A. Raja, Goldman Sachs Sr. Banking Analyst and Director Tabassum Inamdar pushed the report on the concerns about Banks financing to Indian Telecommunications companies involved in the spectrum scam. [2 or 3 Quarters Ago, Mr. Aga, CEO of Idea Cellular had called these bankers, Daredevils, who would choke the supply anytime]
The Honorable Justice at Supreme Court ordered to look into Read more
Mobile Number Portability – Trends for first 2 Weeks
The long delayed Mobile Number Portability went live in Haryana on the 25th of November. After 2 weeks into effect, there hasn’t been much churn and this can be attributed to the fact that Haryana represents a small number of mobile users.
About 2% of prepaid users and 4%‐5% postpaid users in Haryana circle are expected to opt for MNP as per the current porting requests in 14 days. Tata Teleservices have got about 21% of the customers who have opted for MNP. Read more
Feed
