New Call Telecom plans Rs 19.20 billion worth acquisitions in India
UK-based internet service provider (ISP), New Call Telecom, is planning to acquire three-four companies in the software and infrastructure segments to support its over-the-top (OTT) services in India. The company has earmarked an investment of Rs 19.20 billion for the same.
Earlier, in 2014, New Call had acquired the messaging app Nimbus. It had also acquired the Delhi-based Ozone Networks, but the deal is awaiting Foreign Investment Promotion Board (FIPB) approval.
The company is in talks with telecom operators for Wi-Fi offloading and is also aiming for the Bengaluru Airport Wi-Fi project. The company has deployed 6,500 access points and 1,500 public hotspots in 26 cities. It aims to reach one million hotspots by 2020.
- Most Viewed
- Most Rated
- Most Shared
- Related Articles
- Tata Teleservices (Maharashtra) Limited ...
- Tata Teleservices (Maharashtra) Limited ...
- Tata Teleservices Maharashtra Limited pl...
- Hutchison Essar has announced the entry ...
- Usage and performance are the two top pr...
- tele.net announces the winners of the Te...
- Global Wi-Max Forum cautions that India ...
- Telecom Operator Awards 2011 acknowledge...
- GSMA releases the “Licensing to Suppor...
- Huawei, Alcatel-Lucent and Ericsson in r...
- DoT turns down Vodafone India’s reques...
- FICCI and AT KEARNEY release a report ti...
- DoT may allow spectrum sharing among 3G ...
- TTSL has launched services in Bhopal, In...
- Bharti has become the first GSM mobile o...
- DoT issues guidelines for ISPs proposing...
- tele.net to host a conference on "Energy...
- tele.net hosts a conference on “Teleco...
- Government amends the licence conditions...
- GSMA releases the “Licensing to Suppor...