Tuesday, November 14, 2006

British Telecom eying $250m from India, forges a JV

According to a report on NDTV Profit, BT is eying for $ 250 m, 25% of $ 1bn Indian telecom market. It has forged a joint venture with a Indian partner with 74% stake in JV.

Nokia sells 4 lakh phones in a day

http://www.mobilepundit.com/2006/10/26/nokia-sells-4-lakh-phones-in-a-day/

This Diwali, Oct 19th 2006 was a special day for Nokia. Not because it was a day of great festival in India but because Nokia set a new record in India by selling whooping 4 lakh phones in a single day and broken previous record of 1 lakh.

This story truely refletcs where Indian telecom is heading.

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