Promoting India Latin America Collaboration

LatAm to reach 388 mln mobile lines by end-2008

December 7th, 2008 Posted in Argentina, Brazil, Chile, Latin America, Mexico, Telecom, Uruguay
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Telecompaper

Latin America will reach over 388 million mobile lines in service at the end of this year, accounting for 9.6 percent of the overall mobile lines in service worldwide, according to the Information Society index (ISI) established by consulting firm Everis. Brazil is expected to end the year with 143.2 million phones, Mexico with 76.9 million and Argentina with 44.8 million, which together account for nearly seven of every ten mobile lines in the region.

Mobile networks cover the entire populations only in Uruguay and Chile, while in Ecuador and Colombia they reach 84 percent of the population. Bolivia has the lowest mobile coverage, reaching only 45.9 percent of the country’s population. Argentina registers a higher mobile penetration than population coverage, with 102.2 mobile phones per 100 inhabitants.

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India Telepresence market to reach $40 mn by 2012

September 14th, 2008 Posted in India, Telecom
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Increasingly, competitors to airlines will be videoconferencing equipment providers
Business Standard report

The audio and video conferencing market in India which has undergone a paradigm shift with the emergence of telepresence as a business solution for real time communication, is expected to grow at a CAGR of 53 per cent to reach $40 million by 2010.

According to a survey conducted by consulting firm Zinnov Management Consulting, the market for telepresence in India is pegged as $7.2 million at present. Improvement in broadband infrastructure, increase in travel cost, going green initiatives and globalisation are some of the key factors that would led to this growth, the report said.

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Mexican Billionaire Buys a 6.4% Stake in Times Company

September 14th, 2008 Posted in Mexico, Profile - Individual/Company, Telecom
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NYTimes.com

Carlos Slim Helú, the Mexican telecommunications billionaire, and his family have acquired a 6.4 percent stake in The New York Times Company, he revealed in a regulatory filing on Wednesday.

Mr. Slim, sometimes called the wealthiest man in the world, controls cellular and landline phone companies, and has major investments in retail, construction, banking, insurance, railroads and mining. In March, Forbes magazine estimated his fortune at $60 billion.

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Six firms vie for huge India telecoms order

September 10th, 2008 Posted in India, Infrastructure, Telecom
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Reuters

Telecoms equipment makers Ericsson and Nokia Siemens Networks [NSN.UL] are competing with four other firms in a tender potentially worth $9 billion to provide wireless infrastructure to India’s Bharat Sanchar Nigam Ltd (BSNL).

Bidders in the tender for a total of 93 million GSM lines, the world’s largest such order, include Huawei Technologies, Alcatel-Lucent and Nortel Networks (NT.TO: Quote, Profile, Research) (NT.N: Quote, Profile, Research), BSNL Chairman Kuldeep Goyal said.

State-run BSNL’s lack of infrastructure has hampered its capacity to add wireless subscribers, and it has fewer mobile users than private-sector rivals Bharti Airtel Ltd, Reliance Communications and Vodafone Plc-controlled Vodafone Essar.

India is the world’s second-largest mobile market, with nearly 300 million wireless users in July and more than 8 million users signing up each month.

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India witnessing new dawn of mobile banking

July 19th, 2008 Posted in Banking and Finance, India, Telecom
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Ina and mobile phoneImage via Wikipedia

The Economic Times
Opposite Suresh Photo Studio, adjacent to a temple, 38-year old Kamla sells roses, marigold and orchid garlands. Back home in Muzaffarpur, Bihar, Kamla’s mother now receives Rs 200 (about $5USD) every week on her mobile sent by Kamla.

India is witnessing a new dawn of banking with mobile phone. From a rickshaw puller, a florist, a pan shop vendor to a truck driver, cash transactions are going mobile for all and sundry. “Our target is to achieve 10 million mobile subscribers hooked onto mobile banking by end of this fiscal year,” says Bharti Airtel CEO Manoj Kohli.

Four banks, SBI, HDFC, ICICI and Corporation Bank, have partnered with India’s largest operator Bharti Airtel to offer m-banking. RCOM has tied up with ICICI Bank, HDFC Bank, Axis Bank and IDBI Bank. Bharti Airtel has launched its mobile banking late last month and plans to rope in about 100 major banks in India by end 2008.

“Over the coming months, customers will be available to open their bank accounts at authorized Airtel outlets just by submitting a photo ID proof. Subscribers can now deposit, withdraw, transfer, pay bills or remit money through their mobile phones,” Mr Kohli adds.

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