Tag Archives: Rs
Ruined Broadband at Polonnaruva: Should we blame Mobitel, Dialog or King Parakramabahu?
When he built Parakrama Samudraya a millennium ago, King Parakramabahu the great did not have to depend on the Internet. How lucky! Had it been so, he would have achieved few great feats. The pitiable Broadband services at Polonnaruva looked as if we have not made any advances since the days of the Great King. [...]
Sri Lanka: Taxing poor to clear the e-waste of rich
Two thousand and five hundred years ago, Gautama Buddha correlated tax collectors to bees. A righteous ruler, said he, taking the Liccavis as an example, collects tax without making it a burden on people, in the same was a bee collects honey from a flower (without damaging it). Such wise words were not always heeded. [...]
Mobile investment boom in India foretold
Telecom sector to see funds bonanza, tariff cuts – Business News – News – MSN India – News India’s booming mobile services market will see investments of over Rs 100,000 crore (around $24 billion) by 2010, the fastest investment ramp-up seen in any telecom market globally even as analysts predict a bruising battle that will [...]
BSNL plans India’s largest IPO, to raise over US$ 10 billion
State-owned telco BSNL on Monday said it plans to launch India’s biggest IPO to raise over US$10 billion. “The company is valued at well over US$100 billion. We are looking at offloading up to 10% stake, subject to government approval,” BSNL finance director S K Saxena told reporters. When asked about the development, telecom minister [...]
Unorganised mobile retailers feel the heat in India
Swami is an employee of My Mobile store in Noida can tell how the mobile business at his store has been dwindling in one of the most popular markets in New Delhi region for mobile phones and its accessories. Before January, My Mobile would sell goods worth about Rs 2.5 lakh on any given Sunday [...]
BSNL launches ‘TV on mobile’ in Chennai
Bharat Sanchar Nigam Limited (BSNL) Chennai Telephones has launched ‘TV on mobile’ (through GSM mobile handsets). At present, NDTV, Aajtak, CNBC, Cartoon Network, Times Now, Zoom, Bindass and CNN-Mobile were among the channels available. More channels would be available soon, a press release said. To avail themselves of this service, customers using GPRS-enabled handsets need [...]
Soaring quarterly numbers for telecom majors Reliance Communications and Bharti Airtel
Reliance Communications took the competition in domestic telecom head-on as it reported operating margins similar to bigger rival Bharti Airtel in the July-September quarter. RCom’s robust performance was aided by higher growth in its wireless and broadband services along with increased operating efficiency. Net profit has surged 86% to Rs 1,305 crore (USD 330 mil) year-on-year [...]
India Inaugurates Tsunami Warning System
Six water pressure sensors placed on the seabed in the southern Bay of Bengal and northern Arabian Sea will act as sentinels in India’s tsunami early warning system, which was formally inaugurated today. The sensors — four in the Bay and two in the Arabian Sea — will look for changes in ocean water level [...]
No progress on dam safety in Sri Lanka
A member of the Presidential Commission on the Tsunami has written an informative article on floods, dam breaches and the lack of warning about them. Twenty one years after Kantale, 2.5 years after the tsunami, 1.5 years after we handed over our extensive report on dam safety to the Disaster Management Center, more sensible writing [...]
Effects of telecom tax increases on prices in Sri Lanka discussed
Business Telecom Analysts are of the view that even though government has imposed a 10 percent tax on usage over the existing 15 percent value added tax, the mobile companies are unlikely to increase prices. “I don’t think that the four major mobile companies in the country will go for a price hike as there [...]
With Bharti coming telecom competition is getting tougher
We could still do better; But more taxes could kill the industry The Nation Economist, Sunday 26 August 2007 | See Print version I have to say that JHU does not know economics. What is the rationale behind taxing the only sector that is growing? The industry is giving government enormous amount of revenue. Twenty [...]
Hoarding USO funds in India
LIRNEasia research on Telecom Regulatory Environment (where India gets the lowest scores on the USO dimension) shows that Indian USO policy and implementation are flawed. LIRNEasia research on teleuse at the Bottom of the Pyramid shows clearly that lowering connection charges and keeping the use charges low are critically important in connecting the next billion. [...]
Nokia focuses on rural markets
The Business Standard (Nokia focuses on rural markets) Sapna Agarwal / Pune July 16, 2007The rural markets account for around 5 per cent of the national GSM (Global System for Mobile Communication) handset sales. The figure is expected to rise to 25-30 per cent, adding around 100 million new cellular subscribers by 2009, according to [...]
17.46 percent Indians have phones as ARPU falls to $7.7
Telephony base swells; ARPU continues to dip New Delhi April 17 Telephone subscriber base of the wire-line and wireless services together reached 189.92 million in the quarter ending December 2006 from 170.02 million on September 30, 2006, showing an increase of 11.7 per cent during the quarter. However, the blended ARPU (Average Revenue Per User) [...]
Which industry in Sri Lanka attracted the most foreign investment in 2006?
The Central Bank Annual Report 2006 (p. 39) states: The inflow of foreign direct investment increased substantially by 110.3 per cent to US dollars 604 million in 2006 . . . . Of the total foreign direct investment in 2006, more than 60 per cent was invested in telecommunication sector, textiles, wearing apparel and leather [...]
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