The Hindu Business Line : Sunday, December 12, 2004

TELECOMMUNICATIONS
New policy measures for telecom sector on the anvil — USO fund support for cell operators likely
THE Department of Telecom (DoT) is working on fresh policy measures to enable deployment of the latest technologies and to offer a conducive environment to bridge the digital divide between rural and urban India. Announcing this at a Seminar ... More

MERGERS & ACQUISITIONS
ST Telemedia-TM Intl to acquire 47.7 pc stake in Idea Cell
SINGAPORE Technologies Telemedia and TM International have announced that their consortium has signed definitive agreements for the acquisition of 47.7 per cent stake in Idea Cellular. The total consideration of the deal is approximately $390 ... More

ALLIANCES & JOINT VENTURES
In deal with Nextel
WASHINGTON: Nextel Communications and Sprint Corp have reached a deal with the new company having nearly 39 million customers, or the third largest mobile telephone company. Ahead of the Nextel-Sprint combine would be Cingular-AT&T and ... More

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